The maximum dollar amount of wages that is subject to Social Security taxes. Wages in excess of this amount are not subject to Social Security taxes. Note that there is no cap on wages subject to Medicare taxes.
Related information about taxable wage base:
- Taxable Wage Base Definition | Investopedia
Also known as the Social Security Wage Base, this base is the maximum amount of earned income upon which employees must pay Social Security taxes.
- Contribution and Benefit Base
Oct 16, 2012 ... Automatic Determinations · Cost-of-Living Adjustment · Tax data · Wage-indexed amounts. Social Security's Old-Age, Survivors, and Disability ...
- Taxable wage base
taxable wage base. Washington State Employment Security. Unemployment Taxes. Unemployment Benefits.
- 2013 Social Security Taxable Wage Base
Oct 16, 2012 ... The Social Security Administration has announced that the 2013 Social Security taxable wage base is increasing to $113,700, up $3,600 from ...
- State Unemployment Wage Bases
The Federal Unemployment Tax Act (FUTA) requires that each state's taxable wage base must at least equal the FUTA wage base of $7,000 per employee, ...
- Social Security Wage Base - Wikipedia, the free encyclopedia
For the Old Age, Survivors and Disability Insurance (OASDI) tax or Social Security tax in the United States, the Social Security Wage Base (SSWB) is the ...
- What is taxable wage base? definition and meaning
Definition of taxable wage base: The maximum dollar amount of wages that is subject to Social Security taxes. Wages in excess of this amount are not subject to ...
- Taxable Wage Base - Unemployment Insurance Division
The taxable wage base applies to experience rated employers, and any wages they pay an employee over the taxable wage base are considered excess wages ...