2024 Max Social Security Tax Withholding Rate


2024 Max Social Security Tax Withholding Rate. The wage base changes each year, with. 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 (an increase of $8,400).


2024 Max Social Security Tax Withholding Rate

The social security administration recently announced that the wage base for computing social security tax will increase to $168,600 for 2024 (up from $160,200. (for 2023, the tax limit was $160,200.

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