Social Security Earnings Cap For 2024
As its name suggests, the social security tax goes to the social. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed.
In 2024, people who reach full retirement age (fra) โ the age at which you qualify for 100 percent of the benefit calculated from your earnings record โ can earn. The social security wage base is the maximum gross earnings subject to social security tax that can be imposed on an employee.