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2022 Wage Cap Jumps to $147,000 for Social Security Payroll Taxes

Oct 13, 2021

Starting Jan. 1, 2022, the maximum earnings subject to the Social Security payroll tax will increase by $4,200 to $147,000—up from the $142,800 maximum for 2021, the Social Security Administration (SSA) announced Oct. 13. The SSA also posted a fact sheet summarizing the 2022 changes. (Read More)

Article By: Stephen Miller, CEBS SHRM

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