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If your first paycheck of 2025 falls on Friday, Jan. 10, you will receive three paychecks in May: May 2, May 16 and May 30 − and October: Oct. 3, Oct. 17 and Oct. 31.
The timing of these “extra” paychecks depends on the employer’s payroll calendar. Workers with a Jan. 10 payday, for example, won’t see a third January paycheck.
Termini breaks it down: “That means a person who expects to make $175,000 in 2025 would be subject to an additional $396.80 in Social Security withholding (for the whole year, not per paycheck).”
Note that although self-employed individuals pay 12.4%, this is mitigated two ways. First, half of the amount of the tax is reduced from salary before figuring the tax (you don't pay Social Security tax on the tax your employer pays for you.) Second, the "employer" half is an adjustment to income on the front page of Form 1040.
Read on to see if you qualify for Social Security's biggest possible paycheck in 2025. A pen laying on top of a Social Security card with a $100 bill and glasses. Image source: Getty Images.
The agencies were required to pay $23 million in fines and restitution. [60] Equifax agreed to a settlement of $575 million with the Federal Trade Commission, the CFPB, and states related to a data breach that occurred in 2017 where 147 million people were affected by their personal information being exposed. [61]
As of 2013, there were 191,000 self-checkout units deployed around the globe, and by 2025, it is predicted that 1.2 million units will be installed worldwide. [ 2 ] [ 3 ] It has been estimated that "the self-checkout system market in the U.S., which accounts for 41% of the global market, reached $1.4 billion in 2021."
For 2025, you can earn $23,400 ($62,160 in the year you reach full retirement) in wages before seeing a reduction in benefits. That limit is up from $22,320 ($59,520) in 2024.