Social Security wage base jumps to $147k next year.
| Position | In The News ... |
The taxable wage base for the Social Security portion of FICA will increase to $147,000 for 2022, the Social Security Administration announced recently. That's a 3% hike over the 2021 wage base of $142,800. (SSA Fact Sheet, 10-13-21) Advice: Adjust your payroll system by the start of next year to...
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