October 2016

2017 Social Security Taxable Wage Base

October 28th, 2016 by AdvaPay Tech

The Social Security Administration (SSA) has announced that the 2017 Social Security taxable wage base is increasing to $127,200, up $8,700 from the 2016 taxable wage base of $118,500.  Once an employee reaches this taxable wage threshold no further Social Security tax will be withheld. FICA Tax Rates The 2017 FICA tax rate for employees […]

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