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

2 changes
← * →
  • Effective Dates: 12/01/2017 - Present
  • Effective Dates: 12/13/2017 - Present
  • TN 7 (12-98)
  • 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
  • 2009–2010
  • 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
  • 2015–2016
  • 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
  • 7979.40
  • 7960.80
  • 1.45 (HI)
  • No Limit
  • No Limit
  • 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, the employee portion of the OASDI tax contribution was reduced to 4.20 percent.
 x 
← This means that the line
Effective Dates: 12/01/2017 - Present
was removed and
Effective Dates: 12/13/2017 - Present
was added – in other words, the "Effective Dates" line at the top of the document has been updated to reflect that the new version is effective as of the date the change was made.
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