Maximum Social Security Tax Withholding 2024 Calculator . Employers must share fica payments with employees. The tax rate for an employee's portion of the social security tax is 6.2%.
As you approach retirement, keep track of. About 40% of retirees must pay tax on their social security.
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Social Security Max Withholding 2024 Tessa Gerianna , Social security tax limit jumps 5.2% for 2024;
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