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Social Security Withholding 2024 Maximum
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Social Security Withholding 2024 Maximum. The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each. Listed below are the maximum taxable earnings for social security by year from 1937 to the present.
Thus, an individual with wages equal to or larger than $168,600. A maximum contribution of 1.25% to the social security organization/socso as part of the.
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