2025 Max Social Security Contribution. This amount is known as the “maximum taxable earnings” and changes each year. The social security administration recently announced that the wage base for computing social security tax will increase to $176,100 for 2025 (up from $168,600 for 2024).

The maximum social security retirement benefit in 2025 will be $5,108 per month, or the equivalent of $61,296 per year. Social security cost of living increase (cola) the cola for 2025 will be 2.5%, down from 3.2% in 2024.