Social Security Withholding 2024 Limit Calculator
Social Security Withholding 2024 Limit Calculator. Only these percentages can be withheld. We raise this amount yearly to keep pace with increases in average wages.
You can have 7, 10, 12 or 22 percent of your monthly benefit withheld for taxes. The 2024 limit is $168,600, up from $160,200 in 2023.