Social Security 2024 Max Withholding Declaration

Social Security 2024 Max Withholding Declaration. In 2024, that limit increases to $168,600. This amount is known as the “maximum taxable earnings” and changes each year.


Social Security 2024 Max Withholding Declaration

The earnings used to calculate benefits in retirement are capped at the same level. In 2024, the social security tax rate is 6.2% for employers and employees,.

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