2024 Maximum Social Security Tax. For employees, the maximum social security tax in 2024 is the product of the tax rate (6.2%) and the maximum taxable earnings ($147,000). The initial benefit amounts shown in the table below assume retirement in january of the stated year, with.


2024 Maximum Social Security Tax

In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. The initial benefit amounts shown in the table below assume retirement in january of the stated year, with.

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