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Colorado. In 2025, Colorado will continue to tax the benefits of Social Security recipients. Of note, though, is the fact that recipients in Colorado who are between the ages of 55 and 64 and have ...
The increase in 2025 will perhaps have the biggest impact on those earning between $168,600 and $176,100 per year, as you'll face Social Security tax on income that wasn't previously taxed in 2024.
Some workers will pay more Social Security taxes in 2025. ... The maximum taxable earnings limit is $168,600 in 2024, but that figure will rise to $176,100 in 2025 to account for increases in the ...
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
Any income up to this amount will be subject to Social Security tax, which is 6.2% each for employees and their employers. The earnings test becomes more generous
Image source: Getty Images. Social Security also has a wage cap that dictates how much income is taxed each year to fund it. In 2024, the wage cap was $168,600. But in 2025, it's increasing to ...
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