Tag: taxable income

573
Posted in Compensation

Social Security Announces 2020 Taxable Wage Base

The Social Security Administration (SSA) recently announced that the Social Security taxable wage base for 2020 will increase to $137,700 from $132,900. This is the maximum…

425
Posted in Compensation

Social Security Revises 2018 Taxable Wage Base

For 2018, the Social Security Administration (SSA) announced that the Social Security taxable wage base will be $128, 400. This is the maximum amount of…