What Is The Max Social Security Tax For 2024
What Is The Max Social Security Tax For 2024. The most you will have to pay in social security. That’s what you will pay if you earn $168,600 or more.
The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.