Social Security Max 2024 Withholding Limit

Social Security Max 2024 Withholding Limit. Only the social security tax has a wage base limit. After an employee earns above the annual wage base, do not withhold money for social security taxes.


Social Security Max 2024 Withholding Limit

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). (for 2023, the tax limit was $160,200.

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