Social Security 2024 Tax Limits. Projections show the social security fund will run out of money in 2038 and, if no action is taken before then, beneficiaries would see a 27. This means that the maximum taxable earning.


Social Security 2024 Tax Limits

The 2024 edition of our us employment tax rates and limits report is now updated through august 25, 2024, to reflect changes in state paid family and medical leave insurance, state. 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).

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