Social Security Limit 2024 Withholding

Social Security Limit 2024 Withholding. Social security will withhold (until fra is attained) $1 of every $2 earned over the 2024 earnings limit of $22,320 ($1,860 per month). Only these percentages can be withheld.

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. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.