Effective Dates: 12/23/2024 - Present Previous | Next

TN 45 (12-24)

RS 01404.300 Maximum Contribution of Social Security Employment Taxes Paid By Employee

Year Tax Rate % Maximum Wages

Taxable 		Maximum Annual

Contributions
1937 1.0 $3,000.00 $ 30.00
1938 1.0  3,000.00   30.00
1939 1.0  3,000.00   30.00
1940 1.0  3,000.00   30.00
1941 1.0  3,000.00   30.00
1942 1.0  3,000.00   30.00
1943 1.0  3,000.00   30.00
1944 1.0  3,000.00   30.00
1945 1.0  3,000.00   30.00
1946 1.0  3,000.00   30.00
1947 1.0  3,000.00   30.00
1948 1.0  3,000.00   30.00
1949 1.0  3,000.00   30.00
1950 1.5  3,000.00   45.00
1951 1.5  3,600.00   54.00
1952 1.5  3,600.00   54.00
1953 1.5  3,600.00   54.00
1954 2.0  3,600.00   72.00
1955 2.0  4,200.00   84.00
1956 2.0  4,200.00   84.00
1957 2.25  4,200.00   94.50
1958 2.25  4,200.00   94.50
1959 2.5  4,800.00  120.00
1960 3.0  4,800.00  144.00
1961 3.0  4,800.00  144.00
1962 3.125  4,800.00  150.00
1963 3.625  4,800.00  174.00
1964 3.625  4,800.00  174.00
1965 3.625  4,800.00  174.00
1966 4.2  6,600.00  277.20
1967 4.4  6,600.00  290.40
1968 4.4  7,800.00  343.20
1969 4.8  7,800.00  374.40
1970 4.8  7,800.00  374.40
1971 5.2  7,800.00  405.60
1972 5.2  9,000.00  468.00
1973 5.85 10,800.00  631.80
1974 5.85 13,200.00  772.20
1975 5.85 14,100.00  824.85
1976 5.85 15,300.00  895.05
1977 5.85 16,500.00  965.25
1978 6.05 17,700.00 1,070.85
1979 6.13 22,900.00 1,403.77
1980 6.13 25,900.00 1,587.67
1981 6.65 29,700.00 1,975.05
1982 6.70 32,400.00 2,170.80
1983 6.70 35,700.00 2,391.90
1984 6.70 37,800.00 2,532.60
1985 7.05 39,600.00 2,791.80
1986 7.15 42,000.00 3,003.00
1987 7.15 43,800.00 3,131.70
1988 7.51 45,000.00 3,379.50
1989 7.51 48,000.00 3,604.80
1990 7.65 51,300.00 3,924.45
1991 6.20 (OASDI) 53,400.00 3,310.80
1.45 (HI) 125,000.00 1,812.50
1992 6.20 (OASDI) 55,500.00 3,441.00
1.45 (HI) 130,200.00 1,887.90
1993 6.20 (OASDI) 57,600.00 3,571.20
1.45 (HI) 135,000.00 1,957.50
1994 6.20 (OASDI) 60,600.00 3,757.20
1.45 (HI) No Limit No Limit
1995 6.20 (OASDI) 61,200.00 3,794.40
1.45 (HI) No Limit No Limit
1996 6.20 (OASDI) 62,700.00 3,887.40
1.45 (HI) No Limit No Limit
1997 6.20 (OASDI) 65,400.00 4,054.80
1.45 (HI) No Limit No Limit
1998 6.20 (OASDI) 68,400.00 4,240.80
1.45(HI) No Limit No Limit
1999 6.20 (OASDI) 72,600 4,501.20
1.45 (HI) No Limit No Limit
2000 6.20 (OASDI) 76,200 4,724.40
1.45 (HI) No Limit No Limit
2001 6.20 (OASDI) 80,400 4,984.80
1.45 (HI) No Limit No Limit
2002 6.20 (OASDI) 84,900 5,263.80
1.45 (HI) No Limit No Limit
2003 6.20 (OASDI) 87,000 5,394.00
1.45 (HI) No Limit No Limit
2004 6.20 (OASDI) 87,900 5,449.80
1.45 (HI) No Limit No Limit
2005 6.20 (OASDI) 90,000 5,580.00
1.45 (HI) No Limit No Limit
2006 6.20 (OASDI) 94,200 5,840.40
1.45 (HI) No Limit No Limit
2007 6.20 (OASDI) 97,500 6,045.00
1.45 (HI) No Limit No Limit
2008 6.20 (OASDI) 102,000 6,324.00
1.45 (HI) No Limit No Limit
2009 thru 2010 6.20 (OASDI) 106,800 6,621.60
1.45 (HI) No Limit No Limit
2011 4.20 (OASDI) 106.800 4,485.60
1.45 (HI) No Limit No Limit
2012 4.20 (OASDI) 110,100 4624.20
1.45 (HI) No Limit No Limit
2013 6.20 (OASDI) 113,700 7049.40
1.45 (HI) No Limit No Limit
2014 6.20 (OASDI) 117,000 7254.00
1.45 (HI) No Limit No Limit
2015 thru 2016 6.20 (OASDI) 118,500 7347.00
1.45 (HI) No Limit No Limit
2017 6.20 (OASDI) 127,200 7886.40
1.45 (HI) No Limit No Limit
2018 6.20 (OASDI) 128,400 7960.80
​ 1.45 (HI) No Limit No Limit
2019 6.20 (OASDI) 132,900 8239.80
​ 1.45 (HI) No Limit No Limit
2020 6.20 (OASDI) 137,700 8537.40
​ 1.45 (HI) No Limit No Limit
2021 6.20 (OASDI) 142,800 8853.60
​ 1.45 (HI) No Limit No Limit
2022 6.20 (OASDI) 147,000 9114.00
​ 1.45 (HI) No Limit No Limit
2023 6.2% (OASDI) 160,200 9932.40
​ 1.45% (HI) No Limit No Limit
2024 6.2% (OASDI) 168,600 10,453.20
​ 1.45% (HI) No Limit No Limit

For further updates to this chart, please visit, Contribution and Benefit Base at https://www.ssa.gov/OACT/COLA/cbb.html

NOTE: For 1984, the employee portion of the tax contribution was added to by 0.30 percent from general tax revenues to equal the 7.00 percent paid by employers, whose maximum annual contribution was $2,646.00. In 2011 and 2012, the employee portion of the OASDI tax contribution was reduced to 4.20 percent.

To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0301404300
RS 01404.300 - Maximum Contribution of Social Security Employment Taxes Paid By Employee - 12/23/2024
Batch run: 12/23/2024
Rev:12/23/2024