Social Security - 2013 Taxable Wage Base
Answer:
The wage base in 2013 is $113,700. It’s an increase over the 2012 Social Security wage base, which was $110,100. The wage base increase follows an increase last year over the 2011 Social Security wage base, which was $106,800.
Social security taxes are the taxes that are taken from your paycheck to contribute to the social security program. However, there is a taxable wage base limit, and earnings above this amount are not taxed.
Social security taxes are the taxes that are taken from your paycheck to contribute to the social security program. However, there is a taxable wage base limit, and earnings above this amount are not taxed.