2024 Social Security Tax Limit Cap
2024 Social Security Tax Limit Cap. In 2024, the social security tax withholding rate remains unchanged at 6.2% for both employees and. The social security tax limit 2024 is a key factor in the ongoing conversation about social security’s solvency.
For earnings in 2024, this base is $168,600. 6.2% social security tax on the first $168,600 of employee wages (maximum tax is $10,453;