Social Security Wage Base Increases for 2019
The Social Security Administration (SSA) announced that the 2019 cost-of-living-adjustment will be 2.8%, which is the highest annual raise in 7 years. The maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase from $128,400 to $132,900.
2019 |
2018 |
2017 |
2016 |
$132,900 |
$128,400 |
$127,200 |
$118,500 |
For more information visit: https://www.ssa.gov/cola/