Social Security Tax Limit 2024 Withholding

Social Security Tax Limit 2024 Withholding. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.


Social Security Tax Limit 2024 Withholding

In 2024, only the first $168,600 of your earnings are subject to the social security tax. The wage base or earnings limit for the 6.2% social security tax rises every year.

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