Social Security 2024 Tax Limit Increase


Social Security 2024 Tax Limit Increase. That means that the maximum amount of social security tax an employee will pay (through withholding from their. The maximum earnings subject to social security taxes in 2024 is $168,600, which is up from $160,200 in 2023.


Social Security 2024 Tax Limit Increase

The maximum earnings subject to social security taxes in 2024 is $168,600, which is up from $160,200 in 2023. Employees and employers are each required to pay a 6.2% tax on wages.

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