Social Security Limit 2024 Withholding Meaning

Social Security Limit 2024 Withholding Meaning. The social security withholding rate is 6.2% for employees in 2024. So, if you earned more than $160,200 this last year, you didn't have to pay the social security.


Social Security Limit 2024 Withholding Meaning

You can ask us to withhold federal taxes from your social security benefit payment when you first apply. We call this annual limit the contribution and benefit base.

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