|
2025 Social Security Taxable Earnings and Rates |
|
If you are: |
The Maximum Taxable Earnings is: |
|
Employee |
First $176,100 of Wages |
|
Self-Employed |
First $176,100 of Net Profit from Trade or Business |
|
2025 Medicare Taxable Earnings and Rates |
|
If you are: |
The Maximum Taxable Earnings is: |
|
Employee |
UNLIMITED |
|
Self-Employed |
UNLIMITED |
|
*You are liable
for Additional Medicare Tax of 0.9% if your wages, compensation,
or self-employment income (together with that of your spouse
if filing a joint return) exceed the threshold amount for your
filing status shown in the table below:
|
Filing Status |
Threshold Amount |
|
Married Filing Jointly |
$250,000 |
|
Married Filing Separately |
$125,000 |
|
Single |
$200,000 |
|
Head of Household |
$200,000 |
|
Qualifying Widow(er) with Dependent Child |
$200,000 |
|
|
2025 Medicare Part B Monthly Premiums |
|
Based on your modified adjusted gross income (MAGI) for tax
year 2023 (this is the year that is used to determine the
year 2025 monthly premium) |
|
Monthly Premium |
Filing Status on Federal Income Tax Return Filed and Modified
Adjusted Gross Income |
|
$185.00 |
| Married Filing Joint - $212,000
or less |
| Married Filing Separately**
- $106,000 or less |
| All Other Filing Status - $106,000
or less |
|
|
$259.00 |
| Married Filing Joint - Above
$212,000 and up to $266,000 |
| Married Filing Separately**
- This premium does NOT apply |
| All Other Filing Status - Above
$106,000 up to $133,000 |
|
|
$370.00 |
| Married Filing Joint - Above
$266,000 and up to $334,000 |
| Married Filing Separately**
- This premium does NOT apply |
| All Other Filing Status - Above
$133,000 up to $167,000 |
|
|
$480.90 |
| Married Filing Joint - Above
$334,000 and up to $400,000 |
| Married Filing Separately**
- This premium does NOT apply |
| All Other Filing Status - Above
$167,000 up to $200,000 |
|
|
$591.90 |
| Married Filing Joint - Above
$400,000 and up to $750,000 |
| Married Filing Separately**
- Above $106,000 and less than $394,000 |
| All Other Filing Status - Above
$200,000 up to $500,000 |
|
|
$628.90 |
| Married Filing Joint - Above
$750,000 |
| Married Filing Separately**
- Greater than or equal to $394,000 |
| All Other Filing Status - Above
$500,000 |
|
|
**Applies
if you are married and lived with your spouse at any time
during the year and file a separate tax return from your
spouse.
|
|
2025 Earnings for One Quarter of Coverage |
|
$1,810 |
|
2025 Earnings Limit to Receive FULL Social Security
Benefits |
|
If you are: |
The Maximum Earnings Before Reduction in Social Security Benefits: |
|
Under Full Retirement Age |
$23,400 |
|
Year of Full Retirement Ages |
$62,160 |
|
Full Retirement Age |
No Limit |
|
2025 Cost-of-Living Adjustment (COLA) for Social Security
Benefits |
|
2.5% |
|
2025 Maximum Social Security Monthly Benefit at Full
Retirement Age |
|
$4,018 |
