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Barbara Weltman

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Revised Social Security Wage Base for 2018

December 11, 2017 / By Barbara Weltman

The Social Security Administration had said that the wage base for FICA taxes in 2018 would be $128,700, or $1,500 more than in 2017. However, this wage base has been revised downward to $128,400. This revision also impacts the computation of self-employment tax for 2018, as well as contributions and benefits for qualified retirement plans that are “integrated.”

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