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Nov 27, 2017 · 2018 SOCIAL SECURITY CHANGES . Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2016 through the third quarter of 2017, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 2.0 percent COLA for 2018. Other important 2018 Social Security ...
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Oct 16, 2017 · The Social Security Administration has announced that the wage base for computing the Social Security tax (OASDI) in 2018 will increase to $128,400. This is up from $127,200 for 2017.
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 upper threshold on which a wage earner's Social Security tax may be imposed.
Aug 13, 2019 · Since the wage base limit in 2019 is $132,900, the maximum Social Security tax a worker would pay is $8,239.80. The table below shows the maximum Social Security tax owed each year based on the...
- Christy Bieber
The Social Security Administration (SSA) has announced a $1,200 increase in the Social Security wage base for 2018. The previous wage base of 127,200 will be raised to $128,400.
