Social Security Wage Cap 2024

The social security administration recently announced that the wage base for computing social security tax will increase to $168,600 for 2024 (up from $160,200. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed by social security.

When the payroll tax dedicated to social security was first implemented in 1937, it. As vice president, harris has stood behind social security proposals put forth by president biden.