What Is 2024 Social Security Tax Limit

What Is 2024 Social Security Tax Limit. Over the past five years or so, the social security tax limit has increased by an average of about $3,960 a year. The same annual limit also applies when those.

The wage base limit will increase to $176,100 in 2025. Both must pay 6.2 percent of the workers’ income to total the 12.4 percent that goes to social security.