Social Security Limit 2024 Tax Rate . Individuals with multiple income sources. — for 2024, the social security tax limit is $168,600 (up from $160,200 in 2023).
Your employer also pays 6.2% on any taxable wages. — the senior citizens league, a nonpartisan advocacy group for senior citizens, has forecast a lower cola for 2025 versus 2024’s 3.2%.
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