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What Is The 2024 Social Security Tax Limit

What Is The 2024 Social Security Tax Limit. In 2024, the social security tax limit is $168,600. That means that the maximum amount of social security tax an employee will pay (through.


What Is The 2024 Social Security Tax Limit

The budgetary effect of the legislation is considerable, adding an estimated $195 billion to federal deficits over 10 years, according to the congressional budget office. The earnings used to calculate benefits in retirement are capped at the same level.

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