Social Security Max 2024 Withholding Tax

Social Security Max 2024 Withholding Tax. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400). This amount is also commonly referred to as the taxable maximum.


Social Security Max 2024 Withholding Tax

For 2025, the fica tax rate for employers will be 7.65% โ€”. So, for 2025 employers must withhold the following amounts:

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