SSA Policy Site: POMS Section RS 01404.300

Table of Contents | Search | Previous | Next

TN 7 (12-98)

RS 01404.300 Maximum Contribution of Social Security Employment Taxes Paid By Employee

Year Tax Rate % Maximum Wages
Taxable		 Maximum Annual
Contributions
1937 1.0 $3,000.00 $ 30.00
1938 1.0  3,000.00   30.00
1939 1.0  3,000.00   30.00
1940 1.0  3,000.00   30.00
1941 1.0  3,000.00   30.00
1942 1.0  3,000.00   30.00
1943 1.0  3,000.00   30.00
1944 1.0  3,000.00   30.00
1945 1.0  3,000.00   30.00
1946 1.0  3,000.00   30.00
1947 1.0  3,000.00   30.00
1948 1.0  3,000.00   30.00
1949 1.0  3,000.00   30.00
1950 1.5  3,000.00   45.00
1951 1.5  3,600.00   54.00
1952 1.5  3,600.00   54.00
1953 1.5  3,600.00   54.00
1954 2.0  3,600.00   72.00
1955 2.0  4,200.00   84.00
1956 2.0  4,200.00   84.00
1957 2.25  4,200.00   94.50
1958 2.25  4,200.00   94.50
1959 2.5  4,800.00  120.00
1960 3.0  4,800.00  144.00
1961 3.0  4,800.00  144.00
1962 3.125  4,800.00  150.00
1963 3.625  4,800.00  174.00
1964 3.625  4,800.00  174.00
1965 3.625  4,800.00  174.00
1966 4.2  6,600.00  277.20
1967 4.4  6,600.00  290.40
1968 4.4  7,800.00  343.20
1969 4.8  7,800.00  374.40
1970 4.8  7,800.00  374.40
1971 5.2  7,800.00  405.60
1972 5.2  9,000.00  468.00
1973 5.85 10,800.00  631.80
1974 5.85 13,200.00  772.20
1975 5.85 14,100.00  824.85
1976 5.85 15,300.00  895.05
1977 5.85 16,500.00  965.25
1978 6.05 17,700.00 1,070.85
1979 6.13 22,900.00 1,403.77
1980 6.13 25,900.00 1,587.67
1981 6.65 29,700.00 1,975.05
1982 6.70 32,400.00 2,170.80
1983 6.70 35,700.00 2,391.90
1984 6.70 37,800.00 2,532.60
1985 7.05 39,600.00 2,791.80
1986 7.15 42,000.00 3,003.00
1987 7.15  43,800.00 3,131.70
1988 7.51  45,000.00 3,379.50
1989 7.51  48,000.00 3,604.80
1990 7.65  51,300.00 3,924.45
1991 6.20 (OASDI)
1.45 (HI)		  53,400.00
125,000.00		 3,310.80
1,812.50
1992 6.20 (OASDI)
1.45 (HI)		 55,500.00
130,200.00		  3,441.00
  1,887.90
1993 6.20 (OASDI)
1.45 (HI)		 57,600.00
135,000.00		  3,571.20
  1,957.50
1994 6.20 (OASDI)
1.45 (HI)		 60,600.00
No Limit		  3,757.20
No Limit
1995 6.20 (OASDI)
1.45 (HI)		 61,200.00
No Limit		  3,794.40
No Limit
1996 6.20 (OASDI)
1.45 (HI)		 62,700.00
No Limit		  3,887.40
No Limit
1997 6.20 (OASDI)
1.45 (HI)		 65,400.00
No Limit		  4,054.80
No Limit
1998 6.20 (OASDI)
1.45(HI)		 68,400.00
No Limit		   4,240.80
No Limit
1999 6.20 (OASDI)
1.45 (HI)		 72,600
No Limit		 4,501.20
No Limit
2000 6.20 (OASDI) 76,200 4,724.40
  1.45 (HI) No Limit No Limit
2001 6.20 (OASDI) 80,400 4,984.80
  1.45 (HI) No Limit No Limit
2002 6.20 (OASDI) 84,900 5,263.80
  1.45 (HI) No Limit No Limit
2003 6.20 (OASDI) 87,000 5,394.00
  1.45 (HI) No Limit No Limit
2004 6.20 (OASDI) 87,900 5,449.80
  1.45 (HI) No Limit No Limit
2005 6.20 (OASDI) 90,000 5,580.00
  1.45 (HI) No Limit No Limit

NOTE: For 1984, the employee portion of the tax contribution was added to by 0.30 percent from general tax revenues to equal the 7.00 percent paid by employers, whose maximum annual contribution was $2,646.00.


RS 01404.300 - Maximum Contribution of Social Security Employment Taxes Paid By Employee - 12/23/2004