Social Security Limit 2024 Withholding Rate

Social Security Limit 2024 Withholding Rate. 2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus. Here's a breakdown of the income tax brackets for 2023, which you will file in 2024:

You file a federal tax return as an individual and your combined income is between $25,000 and $34,000. For 2024, an employee will pay: