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Most of us already pay Social Security taxes on all our income, so this isn't a huge issue. ... these limits have risen to $23,400 and $62,160, respectively. ... Trump issues an executive order to ...
Social Security's earnings-test limits are rising in 2025. Currently, you can earn up to $22,320 without having your Social Security benefits withheld. In 2025, that threshold is increasing to ...
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). ... So if you earn $200,000 a year, you won't pay Social Security taxes on your last $23,900 of income.
Income Limits 2024. Income Limits 2025. Benefit Reductions. If you're under FRA. $22,320 per year. $23,400 per year. $1 for every $2 over the limit. If you'll reach your FRA this year
For 2025, the Social Security wage base — the cap on earnings subject to Social Security tax — will rise to $176,100, meaning only income up to that amount is taxed for Social Security.
One limit applies if you claim Social Security before full retirement age (FRA), which is 67 for those born in 1960 or later. Another limit kicks in if you reach FRA in 2025. Another limit kicks ...
The income limit will increase in most years to account for cost-of-living changes. In 2024, it will be $168,600 per year. Starting in 2025, though, it will increase to $176,100 per year.
But Social Security's Trustees estimate the lower limit will increase to $23,280 (up from $22,320) and the upper limit will increase to $61,800 (up from $59,520).