1997 Covered Compensation Table

Year
of
Birth

Table 1

T197

Table 2

T297

Table 3

T397

1926
1927
1928
1929

1930
1931
1932
1933
1934
1935
1936
1937
1938
1939

1940
1941
1942
1943
1944
1945
1946
1947
1948
1949

1950
1951
1952
1953
1954
1955
1956
1957
1958
1959

1960
1961
1962
1963
1964

19,800
21,000
22,800
24,600

25,800
27,600
29,400
31,200
33,000
34,800
36,000
37,800
41,400
42,600

44,400
46,200
47,400
49,200
50,400
52,200
53,400
54,600
55,800
57,000

58,200
58,800
60,000
60,600
61,200
63,000
63,600
63,600
64,200
64,800

64,800
64,800
65,400
65,400
65,400

19,728
21,192
22,716
24,312

25,920
27,576
29,304
31,032
32,772
34,500
36,180
37,860
41,148
42,792

44,448
46,056
47,616
49,104
50,568
52,008
53,400
54,768
55,980
57,108

58,128
59,064
59,916
60,708
61,440
62,724
63,312
63,804
64,212
64,560

64,836
65,064
65,196
65,316
65,400

21,000
21,000
24,000
24,000

27,000
27,000
30,000
30,000
33,000
36,000
36,000
39,000
42,000
42,000

45,000
45,000
48,000
48,000
51,000
51,000
54,000
54,000
57,000
57,000

57,000
60,000
60,000
60,000
60,000
63,000
63,000
63,000
65,400
65,400

65,400
65,400
65,400
65,400
65,400

1. Table 1 is the average (rounded to the nearest multiple of $600) of the taxable wage bases for the 35 calendar years ending with the year wherein an individual attains social security retirement age. This table is referred to as T197 in Screen 13 and "Covered Comp at SSRA" answered as "Y". CAUTION: This table is not safe harbor after 1993.

2. Table 2 is the average (rounded down to a multiple of $12) of the taxable wage bases for the 35 calendar years ending with the year wherein an individual attains social security retirement age. This table is referred to as T297 in Screen 13 and "Covered Comp at SSRA" answered "Y".

3. Table 3 is the average (rounded to the nearest multiple of $3,000) of the taxable wage bases for the 35 calendar years ending with the year wherein an individual attains social security retirement age. This table is referred to as T397 in Screen 13 and "Covered Comp at SSRA" answered as "Y".