Tag: FICA taxes
Posted in Compensation
2025 Federal Social Security, California SDI Taxable Wage Base, Withholding Rates
The federal Social Security Administration (SSA) recently announced their 2025 cost-of-living adjustments for the Social Security taxable wage base and withholding rate. California’s Employment Development Department…
Posted in Compensation
2024 Social Security, CA SDI Taxable Wage Base, Withholding Rates
Employers should know about two new taxable wage base updates for 2024. The Social Security Administration (SSA) recently announced that, for 2024, the maximum amount of earnings…
