Annie Tersina 2024 2024 Social Security Max Tax Rate

2024 Social Security Max Tax Rate

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2024 Social Security Max Tax Rate. (for 2023, the tax limit was $160,200. Individuals with multiple income sources.


2024 Social Security Max Tax 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 in 2024 (an increase of $8,400). Social security isn’t designed to entirely replace the average worker’s income.

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