The Old-Age, Survivors, and Disability Insurance taxable wage base will increase to $176,100 for 2025, up from $168,600 for 2024, the Social Security Administration said Oct. 10.
The maximum 2025 Social Security component of the Federal Insurance Contributions Act tax payable by each employee will be $10,918.20, or 6.2% of the taxable wage base, up from $10,453.20 for 2024. Employers match the employee amount with an equal contribution.
The other component of the FICA tax, the Medicare tax, remains 1.45% and is not subject to the Social Security wage base, according to a fact sheet from the SSA. The Additional ...
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