September 21, 2024

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What Is The Max Social Security Tax For 2024

What Is The Max Social Security Tax For 2024. That limit is increasing to $168,600 in 2024, from. The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.


What Is The Max Social Security Tax For 2024

Of course, both employers and employees pay the 6.2% social security tax rate, which means there could be a max payment next year of: We call this annual limit the contribution and benefit base.

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