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, ...
NOTE: The 7.65% tax rate is the combined rate for Social Security and Medicare.
... One dollar in benefits will be withheld for every $3 in earnings above the limit ...
Dec 12, 2015 ... During most years, the maximum Social Security tax rises slightly, but for ...
Known as the Social Security wage base, that maximum amount for ...
Jun 30, 2016 ... The current tax rate for social security is 6.2% for the employer and ... The wage
base limit is the maximum wage that is subject to the tax for that ...
For 2016, the maximum limit on earnings for withholding of Social Security (Old-
Age, Survivors, and Disability Insurance) Tax remains $118,500.00. The Social ...
Jan 15, 2016 ... 2016 Social Security Taxable Wage Base Announced ... There is still no limit to
the wages that can be subject to the Medicare tax, which equals ...
Oct 30, 2015 ... Wages subject to Social Security FICA stay at $118500; income tax ranges ... in
monthly Social Security benefits in 2016, and that the maximum ...
Feb 29, 2016 ... The first $118,500 of self-employment income will be taxed at a rate of 12.4
percent for Social Security tax, with a maximum tax of $14,694.
Oct 15, 2015 ... The Social Security earnings limit for people who work and claim ... $1 in benefits
temporarily withheld for every $2 in earnings above the limit.