Social Security Wage Limit 2024 Increase . (for 2023, the tax limit was $160,200. The maximum employee share of the social security tax contribution will increase from.
The social security wage base will increase from $160,200 to $168,600 in 2024. The social security administration recently announced that the wage base for computing social security tax will increase to $168,600 for 2024 (up from $160,200.
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Higher Wage Earners to Pay More in Social Security Taxes Starting in 2024 , Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024, the social security administration.
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