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In 2020, the Social Security Wage Base was $137,700, and in 2021, it was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1][2] A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00.
One of these changes is an increase to the taxable wage base -- the maximum amount of income you pay Social Security taxes on each year. In 2025, this is $176,100.
The Huffington Post
The second unique feature of UI taxes under SUTA is that the taxable base is ~$10,000 (on average, varies by state) per employee, much less than the average yearly earnings of a given worker. Because of this feature, firms pay a fixed "lump sum" tax per worker they employ.
For workers, the higher wage base and earnings test limits change your 2026 cashflow and withholding. Plus, for new claimants in 2026, the bend points shapeyour starting benefit.
Federal social insurance taxes are imposed equally on employers [68] and employees, [69] consisting of a tax of 6.2% of wages up to an annual wage maximum ($132,900 in 2019 [8]) for Social Security plus a tax of 1.45% of total wages for Medicare. [70]
Determining the 2023 National Average Wage Index The NAWI for 2023 was determined by taking the 2022 NAWI and adjusting it by the percentage change in average wages from 2022 to 2023.
South Carolina (/ ˌkærəˈlaɪnə / ⓘ KARR-ə-LY-nə) is a state in the Southeastern, South Atlantic and Deep South regions of the United States. It borders North Carolina to the north and northeast, the Atlantic Ocean to the southeast, and Georgia to the west and south across the Savannah River.