Social Security Cap For 2025. What’s the maximum you’ll pay per employee in social security tax next year? For 2024, that maximum is set at.
Using the “intermediate” projections, the board projects the social security wage base will be $174,900 in 2025 (up from $168,600 this year) and will increase to. That’s a $59 monthly increase before accounting.
That's A $59 Monthly Increase Before Accounting.
For 2024, that maximum is set at.
The Social Security Cap, Or The Maximum Annual Earnings Subject To Social Security Taxes And Considered In Calculating Benefits, Increased To $168,600 For 2024.
This amount is expected to increase in 2025.
Social Security Cap For 2025 Images References :
The Social Security Tax Limit Refers To The Maximum Amount Of Earnings That Are Subject To Social Security Tax.
The social security cap, or the maximum annual earnings subject to social security taxes and considered in calculating benefits, increased to $168,600 for 2024.
But Next Year's Raise May Not Be As Generous As This Year's, Since The Pace Of Inflation Has.