Social Security Tax Limit 2024 Withholding Tax

Social Security Tax Limit 2024 Withholding Tax

Social Security Tax Limit 2024 Withholding Tax. Workers earning less than this limit pay a 6.2% tax on their earnings. The social security wage base limit is $160,200.the medicare tax rate is 1.45% each for the employee and employer, unchanged from 2022.


Social Security Tax Limit 2024 Withholding Tax

For earnings in 2024, this base is $168,600. There is no wage base limit for.

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