Social Security Contribution Limit 2025

Social Security Contribution Limit 2025. This amount is known as the “maximum taxable earnings” and changes each year. (the 2024 tax limit is $168,600.) this 4.4% increase is less than the 5.2% jump from 2023 to 2024.


Social Security Contribution Limit 2025

Base for 2025 under the above formula, the base for 2025 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2023 to that for 1992, or, if larger,. For 2025, the limit is going up to $23,400.

Social Security Contribution Limit 2025 Images References :