Social Security Tax Wage Limit 2024

Social Security Tax Wage Limit 2024. The initial benefit amounts shown in the table below assume retirement in january of the stated year, with. The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each.


Social Security Tax Wage Limit 2024

11 rows if you are working, there is a limit on the amount of your earnings that is taxed by social security. The maximum social security tax youโ€™ll pay in 2024 is $10,453.20, calculated as 6.2% of the $168,600 wage base limit.

Social Security Tax Wage Limit 2024 Images References :