Social Security 2024 Maximum Contribution
Social Security 2024 Maximum Contribution. What is the maximum social security retirement benefit payable? For 1984, the employee portion of the tax contribution was added to by 0.30 percent from general tax revenues to equal the 7.00 percent paid by.
The social security cap, or the maximum annual earnings subject to social security taxes and considered in calculating benefits, increased to $168,600 for 2024. The social security tax limit is set each year.