2024 Max Social Security Tax. Of course, both employers and employees pay the 6.2% social security tax rate, which means there could be a max payment next year of: Millionaires are set to hit that threshold in march and won’t pay into the program for the rest of the year.


2024 Max Social Security Tax

Social security is not sustainable over the long term at current benefit and tax rates. The maximum social security employer contribution will.

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