Social Security Wage Limit 2024 Increase

Social Security Wage Limit 2024 Increase

Cola for 2024 is 3.2%. Learn about the 2024 social security tax wage base increase to $168,600, its impact on taxes, exemptions, and future projections.


Social Security Wage Limit 2024 Increase

In 2024, the wage base limit is $168,600, up from last year’s $160,200 limit. The wage base or earnings limit for the 6.2% social security tax rises every year.

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