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Social Security Wage Base Limit 2025
Social Security Wage Base Limit 2025. Seniors who earned that much for 35 or more. Thus, an individual with wages equal to or larger than $168,600.
The wage base or earnings limit for the 6.2% social security tax rises every year. The formula for determining the oasdi contribution and benefit base is set by law.
The Provident Fund (Pf) Is A Government Initiative Designed To Ensure Financial Independence And Social Security For Employees.
The wage base or earnings limit for the 6.2% social security tax rises every year.
Thus, An Individual With Wages Equal To Or Larger Than $168,600.
Itโs a payroll tax that both employees and employers are.
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So, If You Earned More Than $160,200 This Last Year, You Didn't Have To.
The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
The Oasdi Tax Rate For Wages Paid In 2025 Is Set By Statute At 6.2 Percent For Employees And Employers, Each.