2024 Social Security Tax Limit Cap

By

2024 Social Security Tax Limit Cap

2024 Social Security Tax Limit Cap. This amount is known as the maximum taxable. Every year, there's a cap to the amount of income you earn that is subject to social security taxes.


2024 Social Security Tax Limit Cap

The social security cap increase for 2023 was 8.98% and it’s 5.24% for 2024, but this won’t be enough to keep social security from running out of funds by 2035. Initial estimates are putting that number at 2.63%, but.

2024 Social Security Tax Limit Cap Images References :

About the author

administrator