On October 15th, 2010 The Social Security Administration (SSA) announced there will be no change in the Social Security and Disability Insurance taxable wage base for 2011. This is the second year that there will be no change. In addition, there are few other cost-of-living adjustments for 2011 because the consumer price index did not increase in the third quarter of 2010, compared with the same period in 2009.

With the Social Security wage base unchanged at $106,800 for 2011, the maximum 2011 OASDI tax payable by each employee is $6,621.60, or 6.2 percent of the wage base. The employer matches the amount with an equal contribution.

The Medicare portion of the Federal Insurance Contributions Act tax continues to apply to all taxable wages earned, and the rate remains at 1.45 percent.