Fredi Jo-Anne 2024 Social Security Tax Limit 2024 Increase

Social Security Tax Limit 2024 Increase

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Social Security Tax Limit 2024 Increase. The wage base or earnings limit for the 6.2% social security tax rises every year. Income stops being taxed into social security.


Social Security Tax Limit 2024 Increase

Workers earning less than this limit pay a 6.2% tax on their earnings.  โ€” the internal revenue service has announced an increase in the social security wage base to $168,600, up from $160,000.

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