Maximum Social Security Tax Withholding 2024 Pdf. Every year, federal agencies like the internal revenue service and social security administration assess the impact of inflation and the current environment on their areas. In 2024, up to $168,600 in earnings are subject to social security payroll taxes.

Millionaires are set to hit that threshold in march. Every year, federal agencies like the internal revenue service and social security administration assess the impact of inflation and the current environment on their areas.