Social Security Tax Limit 2024 Rate Chart

Social Security Tax Limit 2024 Rate Chart. For 2024, the fica tax rate for both employers and employees is 7.65% (6.2% for oasdi and 1.45% for medicare). If your social security income is taxable depends on your income from other sources.


Social Security Tax Limit 2024 Rate Chart

The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. For 2024, the social security tax limit is $168,600, and it will increase to.

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