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Social Security Tax Limit 2024 Amount Increase

Social Security Tax Limit 2024 Amount Increase. The ssa has announced that benefit checks will rise 3.2% in 2024. Social security cola to rise 3.2% in 2024:


Social Security Tax Limit 2024 Amount Increase

For earnings in 2025, this base is $176,100. The social security administration recently announced that the wage base for computing social security tax will increase to $176,100 for 2025 (up from $168,600 for 2024).

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