Social Security Max 2024 Withholding Meaning. In 1977, congress raised the taxable maximum to a level that covered. Workers earning less than this limit pay a 6.2% tax on their earnings.
For 2024, that maximum is set at $168,600, an increase of $8,400 from last year. You can ask us to withhold federal taxes from your social security benefit payment when you first apply.
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