Maximum Social Security Tax 2024 Amount 2024. For 2024, the fica tax rate for employers will be. While the 2024 cost of living increase boosted benefits by 3.2%, there's still a cap on how much you're eligible to receive per month, depending on when you begin to receive.


Maximum Social Security Tax 2024 Amount 2024

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Workers earning less than this limit pay a 6.2% tax on their earnings.

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