Social Security Limit 2024 Withholding Rate

Social Security Limit 2024 Withholding Rate. We call this annual limit the contribution and benefit base. 6.2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus.


Social Security Limit 2024 Withholding Rate

The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child. This amount is also commonly referred to as the taxable maximum.

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