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Social Security Tax Limit 2024 Increase Chart
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Social Security Tax Limit 2024 Increase Chart. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security. An additional medicare tax of 0.9 percent for employees only applies.
2024 social security tax limit increase. 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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