The IRS has announced the following changes for 2019:

  • Social Security and Supplemental Security Income (SSI): Benefits will increase by 2.8%
  • Social Security Wage Base: The limit will increase from $128,400 in 2018 to $132,900 in 2019
  • Medicare Rate: Same rate of 1.45% for Medicare and extra 0.09% for income exceeding $200,000 if Single or Head of Household, $250,000 if Married Filing Jointly, or $125,000 if Married Filing Separately.

For more information on these changes, please refer to the IRS update here.


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