Social Security Wage Limit 2024 Base
Social Security Wage Limit 2024 Base. An object lesson in wall street influence on. The taxable wage base is also known as the social security wage base.
Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced. Base for 2024 under the above formula, the base for 2024 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2022 to that for.