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Social Security Pay Cap 2024

Social Security Pay Cap 2024

The limit on annual earnings subject to social security taxes is referred to as the taxable maximum or the social security tax cap. For example, if you retire at full retirement age in 2024, your maximum benefit would be $3,822.


Social Security Pay Cap 2024

The most you will have to pay in social security taxes for 2024 will be $10,453. So, if you earned more than $160,200 this last year, you didn’t have to.

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