New Higher 2025 Social Security Tax Base
As usual the wage base for the 6.2 percent Social Security tax will increase. ( Note. The 1.45 percent Medicare tax is imposed on all wages)
The 2025 social security wage base will be $176,100, which is an increase of $7,500 from $168,600 in 2024.
The maximum social security tax employees and employers will each pay in is $10,918.20, an increase of $465 from the 2024 maximum.
When will Social Security go bankrupt? See
https://www.richardponcpa.com/news/f4e4wa75tj9y6emelkcffcb97xgbd8