Max Ssi Tax 2024 . The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. 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.
That’s what you will pay if you earn $168,600 or more. So, if you earned more than $160,200 this last year, you didn’t have to.
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Social Security Tax Wage Limit 2024 Chart Lizzy Querida , The maximum $4,873 monthly benefit in 2024 is only paid to individuals who wait until age 70 to retire.
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