Oasdi Max For 2025. The oasdi payroll tax is imposed on earnings creditable for social security purposes up to an annual taxable maximum amount ($168,600 in 2025) that ordinarily increases each year with the growth in the nationwide average wage. That’s up from the current number of $160,200.
With last year’s inflation, the number jumped quite a bit. Taxpayers do not pay any oasdi tax on earnings that exceed $168,600.
So, You’re Looking At A Potential $7,500 Increase In The Taxable Wage Base From This Year To Next.
Poster defaced at congress office in kolkata day after spat with adhir karan johar casts his vote in lok sabha elections 2025;
2023 And 2025 Trustees Reports.
Base for 2025 under the above formula, the base for 2025 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2022 to that for 1992, or, if larger, the 2023 base of $160,200.
Taxpayers Do Not Pay Any Oasdi Tax On Earnings That Exceed $168,600.
Images References :
This Amount Changes Each Year — The Annual Oasdi Limit For 2025 Is $168,600.
Poster defaced at congress office in kolkata day after spat with adhir karan johar casts his vote in lok sabha elections 2025;
For Last Year’s Report, Projected Oasdi Cost For 2098 Was 17.77 Percent, Or 4.36 Percent Of Payroll More Than The Annual Income Rate For That Year.
