Social Security Limit 2024 Withholding Rate . The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. The social security administration (ssa) recently announced that, for 2024, the maximum amount of earnings subject to the social security tax — also known as the.
This amount is known as the “maximum taxable earnings” and changes. There is no limit on the amount of wages subject to medicare tax.
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