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ICYMI: The 2018 Wage Base Limit for Social Security Tax
If you’re in the midst of developing your budget for the coming year, and if you fall into the category of “high wage earners,” here’s a reminder of the 2018 maximum amount subject to Social Security tax. This cap–$128400–represents an increase of about 1% when compared to the 2017 maximum. Tax research analyst Ali Nowrouzi of paycom.com discusses the 2018 change in an article posted on www.paycom.com. Check it out here…
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