Minimizing Your Taxes and Managing Your Complex Affairs

Tax Tips, Finance Tips, Fun Events

Tips for Individuals, Businesses and Charities. Fun Events.

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

Richard Pon CPA, CFP