20 C.F.R. § 404.1047   Annual wage limitation.


Title 20 - Employees' Benefits


Title 20: Employees' Benefits
PART 404—FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950– )
Subpart K—Employment, Wages, Self-Employment, and Self-Employment Income
Wages

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§ 404.1047   Annual wage limitation.

Payments made by an employer to you as an employee in a calendar year that are more than the annual wage limitation are not wages. The annual wage limitation is:

 ------------------------------------------------------------------------                                                                 Wage                       Calendar year                          limitation------------------------------------------------------------------------1951-54....................................................       $3,6001955-58....................................................        4,2001959-65....................................................        4,8001966-67....................................................        6,6001968-71....................................................        7,8001972.......................................................        9,0001973.......................................................       10,8001974.......................................................       13,2001975.......................................................       14,1001976.......................................................       15,3001977.......................................................       16,5001978.......................................................       17,7001979.......................................................       22,9001980.......................................................       25,9001981.......................................................       29,7001982.......................................................       32,4001983.......................................................       35,7001984.......................................................       37,8001985.......................................................       39,6001986.......................................................       42,0001987.......................................................       43,8001988.......................................................       45,0001989.......................................................       48,0001990.......................................................       51,3001991.......................................................       53,4001992.......................................................       55,500------------------------------------------------------------------------

[52 FR 8249, Mar. 17, 1987, as amended at 57 FR 44098, Sept 24, 1992]

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