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Do You Make $176,100 or More? You Could Have to Pay Social Security Payroll Taxes on Thousands of Dollars of Additional Earnings in 2025

By Yahoo! Finance   |   Nov 18, 2024 at 05:07 AM EST
Do You Make $176,100 or More? You Could Have to Pay Social Security Payroll Taxes on Thousands of Dollars of Additional Earnings in 2025

Social Security undergoes annual changes, including the Cost-of-Living Adjustment (COLA) and payroll tax adjustments. In 2025, high-income earners may see an increase in earnings subject to Social Security taxes, impacting both contributions and future benefits.

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