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Social Security Tax Income Limit 2024
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Social Security Tax Income Limit 2024. In 2023, the salary limit subject to social security tax is $160,200. The 2024 limit is $168,600, up from $160,200 in 2023.
The wage base or earnings limit for the 6.2% social security tax rises every year. 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.
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