Max Taxable Social Security Wages 2024 Ny

Max Taxable Social Security Wages 2024 Ny

The social security administration limits the amount of employee earnings that are subjected to social security tax each year. That’s what you will pay if you earn $168,600 or more.


Max Taxable Social Security Wages 2024 Ny

For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023). For 2024, the maximum social security tax that an employee will pay is $10,453 ($168,600 x 6.2%).

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