Effective January 1, 2022, the U.S. Social Security Administration will increase the maximum earnings subject to the Social Security payroll tax by $4,200 (from $142,800 in 2021 to $147,000 in 2021).
Note: Additional 0.9% Medicare tax withholding on FICA wages greater than $200,000 ($250,000 for married couples filing jointly) in a calendar year paid by the employee.
Source: U.S. Social Security Administration Fact Sheet
The Internal Revenue Service has announced 2022 retirement contribution limits as well.
