Social Security Tax Limit 2024 Amount Increase

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Social Security Tax Limit 2024 Amount Increase

Social Security Tax Limit 2024 Amount Increase. This features a notable increase of 5.2% from 2023’s $160,200. The social security tax limit rises from $160,200 in 2023 to $168,600 in 2024.


Social Security Tax Limit 2024 Amount Increase

For 2024, the social security tax limit is $168,600. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

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