SSA Bumps Up Social Security Taxable Wage Base For 2025
Time to update your systems: SSA has announced the 2025 Social Security taxable wage base. Next year’s number will increase to $176,100 – that’s $7,500 more than the current amount of $168,600. So, the official projection released earlier this year ($174,900) was slightly low, although not too far off. The Social Security tax, as set…