Tax Strategies

Successful Tax Strategies: Cutting through the complexities of the Tax Code.

Social Security Wage Base Expected to Remain at $106,800 for 2011
August 16, 2010

The Social Security Administration’s Office of the Chief Actuary (OCA) has projected that the Social Security wage base will remain at $106,800 for 2011.

The 2011 projections were included as part of the annual report to Congress by the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Fund programs (The 2010 OASDI Trustees Report). Actual annual increases to the wage base are announced in October of the preceding year. The SSA provides three kinds of forecasts for Social Security wage bases (intermediate, low cost, and high cost). The SSA intermediate forecasts through 2019 are as follows:

2011 — $106,800
2012 — $113,700
2013 — $118,200
2014 — $123,600
2015 — $129,300
2016 — $135,300
2017 — $141,000
2018 — $147,300
2019 — $153,600

0 Responses

Subscribe to the comments RSS feed for this post.

Some HTML is OK

(required)

(required, but never shared)

or, reply to this post via trackback.