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Salary Limit For Social Security Tax 2024

Salary Limit For Social Security Tax 2024. In 2023, the salary limit subject to social security tax is $160,200. Learn how the increase will impact your earnings, taxes, and retirement benefits from this klr blog post.


Salary Limit For Social Security Tax 2024

The social security tax rate is 6.2% for employers and employees, and the wage base is $168,600. The limit is much higher.

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