Payroll & tax Verified

2027 Social Security wage base rises to $192,300

Jurisdiction
Federal (US)
Effective date
2027-01-01
Who it covers
All employers withholding FICA
Status
Verified against an official source

The law, summarized

  • SSA announced the 2027 figures on October 14, 2026, including a 3.6% benefit COLA.
  • Wages up to $192,300 paid in 2027 are subject to the 6.2% Social Security tax for employees and employers each. Medicare's 1.45% has no wage cap.
StateHR Take · AI-generated analysis, not legal advice

Who should act: Payroll teams. Update the Social Security wage cap in payroll systems for the first 2027 payroll so high earners stop withholding at the right point. Confirm the details in the official source before acting.

Generated 2026-10-25T12:00-05:00

Official sources

  • www.ssa.gov
    https://www.ssa.gov/oact/COLA/cbb.html
  • www.ssa.gov
    https://www.ssa.gov/news/en/press/releases/2026-10-14.html