2025 Social Security Wage Cap. Each year, a wage cap is set to determine how much earnings are subject to social security taxes. Using the “intermediate” projections, the board projects the social security wage base will be $174,900 in 2025 (up from $168,600 this year) and will increase to $242,700 by 2033.
Social security announces 2.5 percent benefit increase for 2025; The social security administration has announced that the wage base for calculating social security tax will increase to $176,100 in 2025, up from $168,600 in 2024.