Does Social Security Have A Wage Cap In 2025. The social security administration recently announced that the wage base for computing social security tax will increase to $176,100 for 2025 (up from $168,600 for 2024). That threshold changes annually, tracking wage trends.

Social security caps the amount of income you pay taxes on and get credit for when benefits are calculated. Each year, a wage cap is set to determine how much earnings are subject to social security taxes.