Social Security Wage Base 2024 Limits. A chart showing details, and limits from 1996 to 2024, can be found at this link. The 2024 limit is $168,600, up from $160,200 in 2023.
(for 2023, the tax limit was $160,200. The wage base or earnings limit for the 6.2% social security tax rises every year.
The Table Below Compares The Applicable Dollar Limits For Certain Employee Benefit Programs And The Social Security Wage Base For 2023 And 2024.*
We call this annual limit the contribution and benefit base.
The 2024 Limit Is $168,600, Up From $160,200 In 2023.
Those limits change from year to year, but in 2024, the base limit is $22,320, up from $21,240 in 2023.
Social Security Wage Base 2024 Limits Images References :
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 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.
In 2024, The Social Security Tax Limit Rises To $168,600.
The social security wage base —.
