The maximum earnings amount subject to Social Security taxes is now $176,100 Kathryn Flynn is a finance writer and editor for 529 plans, student loans, budgeting, investing, tax planning ...

The Social Security Administration on Oct. 10 announced a higher threshold for earnings subject to Social Security payroll taxes. For 2025, the "taxable maximum ... in one chart Here's why ...

The maximum taxable earnings limit increased to $176,100, meaning some workers will owe more Social Security taxes. The Social ... The following chart shows how much additional monthly income ...

As a result, the maximum Social ... a significant increase by historical standards. Of course, people earning under $160,200 in 2023 will have to pay Social Security taxes on all of their wages.

That is due to the Social Security tax limit or "wage base," which is the maximum amount of earnings subject to Social Security tax. These taxes fund the Social Security program, which provides ...

CPI-W inflation increased 2.5% in the third quarter of 2024, so Social Security benefits received a 3.2% COLA in 2025. The following chart ... tax is capped under current law. But the maximum ...

The Social Security tax limit refers to the maximum amount of earnings that are subject to Social Security tax. For 2024, the Social Security tax limit is $168,600. Workers earning less than this ...