06/11/2026
💰 Social Security taxes are going up again this year.
The Social Security wage base has increased to $184,500 for 2026, meaning higher earners could pay up to $11,439 in Social Security taxes this year. Self-employed individuals could pay up to $22,878. 📈
While wages above the limit are no longer subject to Social Security tax, Medicare taxes continue with no cap. Understanding how these changes impact your paycheck, tax planning, and retirement strategy is important — especially for business owners and high-income earners.
Now is a great time to review:
✔️ Payroll withholding
✔️ Estimated tax payments
✔️ Self-employment tax exposure
✔️ Retirement contribution strategies
Have questions about how these changes may affect you or your business? Contact our firm — we’re here to help you plan proactively and avoid surprises.