Social Security Wage Base 2024 Maximum. The social security wage base will rise in 2024 to $168,600, a 5.2% increase from its 2023 wage base of $160,200. The wage base or earnings limit for the 6.2% social security tax rises every year.
The social security administration today issued a news release announcing that the social. Only the social security tax has a wage base limit.
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.
We call this annual limit the contribution and benefit base.
The 2024 Limit Is $168,600, Up From $160,200 In 2023.
The wage base changes each year, with an adjustment.
Social Security Wage Base 2024 Maximum Images References :
The Maximum Amount Of Earnings.
In 2024, the wage base limit is $168,600.
The Maximum Amount Of Your Earnings That Are Counted Each Year Towards Your Aime Is Called The โSocial Security Wage Baseโ (Sswb).
The 2024 limit is $168,600, up from $160,200 in 2023.
