For the Old Age, Survivors and Disability Insurance (OASDI) tax or Social
Security tax in the United States, the Social Security Wage Base (SSWB) is the
maximum earned gross income or ...
This limit changes each year with changes in the national average wage index.
We call this annual limit the contribution and benefit base. For earnings in 2016, ...
There is a maximum amount of earnings (wages and net profit from self-
employment) on which you pay Social Security taxes each year. The maximum
The tax rates shown above do not include the 0.9 percent. Maximum ... NOTE:
One dollar in benefits will be withheld for every $2 in earnings above the limit.
Dec 12, 2015 ... Taxpayers will get a rare break from rising Social Security taxes. Find out why.
Oct 15, 2015 ... Wages subject to Social Security FICA stay at $118500; income tax ranges ... in
monthly Social Security benefits in 2016, and that the maximum ...
Describes the annual maximum social security tax for the current and previous
years, and how it affects earnings from employment and self-employment.
Jan 15, 2016 ... Therefore, for 2016, the FICA tax rate will be 7.65%, to the height of the social
security wage base. This means the maximum social security tax ...
Jun 5, 2015 ... For 2015, the maximum amount of earnings subject to tax is $118,500. ...
Members can be exempt from paying Social Security taxes if their sect ...
Feb 29, 2016 ... Employees will pay the 6.2 percent Social Security tax on the first $118,500 of
their wages, with a maximum tax of $7,347. In addition, they will ...