Social Security Tax Limit 2024 Withholding Tax
Social Security Tax Limit 2024 Withholding Tax. Federal income tax brackets and rates 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, the social security tax limit rises to $168,600. This amount is known as the “maximum taxable earnings” and.