What Is The 2024 Social Security Tax Limit

What Is The 2024 Social Security Tax Limit. No contributions are paid if the employee's earnings are below the minimum earnings threshold. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security.

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. This amount is known as the “maximum taxable earnings” and changes each.