2025 Social Security Wage Cap 2025. Here’s what you should know about the increase. (the 2024 tax limit is $168,600.) this 4.4% increase is less than the 5.2% jump from 2023 to 2024.
Notify employees whose earnings exceed the current 2024 cap of $168,600 of the increase and how it may impact their net. The total fica tax rate (6.2% for social security plus 1.45% for medicare) will remain unchanged at 7.65% for 2025, up to the $176,100 social security taxable wage cap.
2025 Social Security Wage Cap 2025 Images References :