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  • 15-01-2022
  • Mathematics
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What is the maximum amount that an employee can have withheld toward the Social Security portion of FICA in 2018?

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RealGiveaway
RealGiveaway RealGiveaway
  • 15-01-2022

Answer:

SSA Revises Payroll Tax Cap for 2018; Tax Law Alters Rates and Brackets. Starting Jan. 1, 2019, the maximum earnings that will be subject to the Social Security payroll tax will increase by $4,500 to $132,900—up from the $128,400 maximum for 2018, the Social Security Administration announced Oct. 11, 2018.

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