2024 Social Security Tax Limit Cap 2024

2024 Social Security Tax Limit Cap 2024. Up to 50% of your social security benefits are taxable if: For 2024, that maximum is set at $168,600,.


2024 Social Security Tax Limit Cap 2024

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 increase of $8,400). You’ll have $1 in social security withheld for every $2 you earn above that limit.

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