TITLE 20--EMPLOYEES' BENEFITS CHAPTER III--SOCIAL SECURITY ADMINISTRATION PART 404_FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950 ) --Table of Contents Subpart K_Employment, Wages, Self-Employment, and Self-Employment Income Sec. 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.................................................... $3,600 1955-58.................................................... 4,200 1959-65.................................................... 4,800 1966-67.................................................... 6,600 1968-71.................................................... 7,800 1972....................................................... 9,000 1973....................................................... 10,800 1974....................................................... 13,200 1975....................................................... 14,100 1976....................................................... 15,300 1977....................................................... 16,500 1978....................................................... 17,700 1979....................................................... 22,900 1980....................................................... 25,900 1981....................................................... 29,700 1982....................................................... 32,400 1983....................................................... 35,700 1984....................................................... 37,800 1985....................................................... 39,600 1986....................................................... 42,000 1987....................................................... 43,800 1988....................................................... 45,000 1989....................................................... 48,000 1990....................................................... 51,300 1991....................................................... 53,400 1992....................................................... 55,500 ------------------------------------------------------------------------ [52 FR 8249, Mar. 17, 1987, as amended at 57 FR 44098, Sept 24, 1992]