2024 Social Security Max Wage Base. After an employee earns above the annual wage base, do not withhold money for. Under the above formula, the base for 2025 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2023 to that for 1992, or, if larger, the 2024 base.
Learn what the social security wage base is, how it affects your tax contributions, and how it changes each year. Learn how the tax rate, the cola increase, and the.