Fica Limit 2024 Social Security Card. — the wage base or earnings limit for the 6.2% social security tax rises every year. For 2024, the social security tax limit has been set at $168,600, an increase from the $160,200 limit in 2023.
So the total tax rate for social security is 12.4%. — a wage base limit applies to employees who pay social security taxes.
Fica Limit 2024 Social Security Card Images References :
