2027 Social Security COLA (3.6%) and Wage Base ($192,300): What Employers, S Corp Owners, Self-Employed Workers and Retirees Should Do Before January 1, 2027 | YCL CPA
On October 14, 2026, SSA announced a 3.6% Social Security COLA starting with January 2027 benefits and raised the 2027 Social Security wage base from $184,500 to $192,300, lifting the maximum employee OASDI tax to $11,922.60. Employers, S Corp owners, self-employed workers and working retirees should update payroll settings, salaries, estimated taxes and earnings-test plans before January 1, 2027.
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