Social Security Max 2024 Deduction

Social Security Max 2024 Deduction. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. 42 rows social security benefits depend on earnings the amount of a person's retirement benefit depends primarily on his or her lifetime earnings.


Social Security Max 2024 Deduction

Unlike the tax rate which has been at 6.2% for employees since 1990, the tax limit, also known as the taxable maximum, changes every year. For 2024, the social security tax limit is $168,600.

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