Oct 10, 2018 · Social Security taxes in 2018 are 6.2% of gross wages up to $128,400. The tax rate for Social Security changes yearly and is mostly paid through FICA.

Oct 10, 2018 · If your total income is more than $25,000 for an individual or $32,000 for a married couple filing jointly, you pay federal income on your Social Security benefits.

Apr 16, 2025 · The IRS has an online tool that can tell you how much of your Social Security income is taxable. If you do have to pay taxes on your benefits, it will be at the same rate as …

Oct 12, 2022 · The maximum earnings subject to the Social Security payroll tax will increase by nearly 9%, the Social Security Administration announced.

Dec 23, 2024 · Changes to retirement happen every year. From Social Security payments to Medicare costs, here are ways it will be different in 2025.

Oct 10, 2018 · The Federal Insurance Contribution Act refers to the taxes that largely fund Social Security benefits. FICA taxes also make up a sizeable chunk of Medicare’s budget.

Jun 19, 2025 · Applying the Social Security payroll tax, which in 2025 is assessed on work income up to $176,100 a year, to earnings above $400,000 as well. Gradually raising the payroll tax …

Nov 17, 2025 · The tax rate is not changing, but the amount of income subject to it is adjusted annually to reflect national wage trends. In 2026, you’ll pay the tax on work income up to …

Mar 19, 2025 · Although these states don’t tax pension income or Social Security benefits, you might have to pay state taxes on other types of income. Most of the states that don’t tax IRA …

Most disabled beneficiaries who get SSI or SSDI money don’t owe taxes, but SSDI benefits are taxable if income exceeds a threshold set by the IRS.