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Social Security Max 2024 Tax Rate

Social Security Max 2024 Tax Rate

Social Security Max 2024 Tax Rate. What is the maximum possible social security benefit in 2024? The wage base or earnings limit for the 6.2% social security tax rises every year.


Social Security Max 2024 Tax Rate

This amount is known as the “maximum taxable earnings” and changes each. Up to $168,600 of earnings will be subject to social security tax in 2024, raising the taxes taken out of a high earner’s paycheck to $10,453.

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