Social Security Max 2024 Withholding Table. The estimated average social security benefit for retired workers in 2024 is $1,907 per month. The formula first calculates a combined income that consists of half of your benefit plus your other income such as withdrawals from your retirement accounts, interest, dividends,.
The formula first calculates a combined income that consists of half of your benefit plus your other income such as withdrawals from your retirement accounts, interest, dividends,. (last year, the tax limit was $160,200.
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