Social Security Wage Limit 2024 Explained.  — the social security wage base for computing oasdi tax will increase to $168,600 in 2024, up from $160,200 in 2023.  — the irs has announced that the social security wage base will be $168,600 in 2024, up from $160,000 in 2023.


Social Security Wage Limit 2024 Explained

 — the social security tax limit is set each year. Fica is a 15.3% payroll tax that funds social security and medicare.

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