Lind Cherida 2024 Social Security Limit 2024 Withholding Tax

Social Security Limit 2024 Withholding Tax

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Social Security Limit 2024 Withholding Tax. You are not required to pay any social security tax on income that goes past the wage base limit, which for 2024 is $168,600, up from $160,200 in 2023. The annual limit is $168,600 in 2024.


Social Security Limit 2024 Withholding Tax

The social security withholding rate is 6.2% for employees in 2024. Workers earning less than this limit pay a 6.2% tax on their earnings.

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