Posted by BAS - 28 October, 2021
The maximum earnings subject to the Social Security payroll tax will increase next year. Beginning January 1, 2022, the Social Security wage limit will change from the 2021 maximum taxable earnings of $142,800 to a new limit of $147,000 for 2022. This is a $4,200 increase.
Other changes to Social Security amounts are outlined in a Fact Sheet which may be accessed by clicking here.
Topics: HR & Benefits Compliance, HR & Benefit Plans, HR & Benefits News, Technology News
By BAS - 28 October, 2021
By BAS - 28 October, 2021
By BAS - 28 October, 2021
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