Social Security Max 2024 Withholding Tax . 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 for 2023). The most you will have to pay in social security taxes for 2024 will be $10,453.
When you have more than one job in a year, each of your employers must withhold social security taxes from your wages. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.
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2024 Max Social Security Tax By Year Chart Conny Diannne , The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400).
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