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Social Security sets 2027 maximum taxable earnings

Original: Here are Social Security's 2027 maximum taxable earnings

Social Security has released its 2027 maximum taxable earnings figure, the income cap above which workers no longer pay Social Security payroll tax for the year. The annual announcement matters for high earners planning contributions and for anyone projecting future benefits, since benefits are calculated on earnings up to the cap.

Why now: The annual announcement of the wage cap affects payroll taxes and benefit planning for workers and retirees.

Social Security Administration

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• Here are Social Security's 2027 maximum taxable earnings · Yahoo Finance

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