Max Ss Contribution 2025. For earnings in 2024, this base is $168,600. 115 rows rs 01404.300 maximum contribution of social security employment taxes paid by employee.
For 1984, the employee portion of the tax contribution was added. The maximum social security employer contribution will increase $818.40 in 2023.
The Social Security Administration (Ssa) Announced That The Maximum Earnings Subject To Social Security (Oasdi) Tax Will Increase From $160,200 To $168,600.
As its name suggests, the social security tax goes to the social security program.
The Social Security System (Sss) Adjusts Its Contribution Rates Annually To Sustain The Program’s Financial Stability And Ensure Adequate Benefits For Its Members.
For 2024, it amounts to 6.2% for employees on all income up to $168,600.
Max Ss Contribution 2025 Images References :
We Call This Annual Limit The Contribution And Benefit Base.
For 1984, the employee portion of the tax contribution was added.
The Social Security System (Sss) Adjusts Its Contribution Rates Annually To Sustain The Program’s Financial Stability And Ensure Adequate Benefits For Its Members.
What is the maximum social security retirement benefit payable?