Social Security Tax Limit 2024 Increase Chart

Social Security Tax Limit 2024 Increase Chart. Social security is not sustainable over the long term at current benefit and tax rates. The maximum amount of earnings subject to the social security tax will increase to $168,600.


Social Security Tax Limit 2024 Increase Chart

10 announced a higher threshold for earnings subject to social security payroll taxes. The irs reminds taxpayers receiving social security benefits that they may have to pay federal income tax on a portion of those benefits.

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