Oasdi Limit 2024 Wage Base Pay. The wage base or earnings limit for the 6.2% social security tax rises every year. The maximum income on which you’ll pay oasdi taxes for the 2024 tax year is $168,600 (up from $160,200 in 2023).
The social security wage base is the maximum gross earnings subject to social security tax that can be imposed on an employee. In 2024, only the first $168,600 of an employee’s annual wages are subject to oasdi taxes.
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.
The 7.65% combined rate for social.
The Maximum Withholding Wage Base Has Increased From $160,200 To $168,600 To Coincide With The 2024 Federal Oasdi Wage Base.
Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced thursday.
Oasdi Limit 2024 Wage Base Pay Images References :
The Oasdi Limit In 2024 Is $168,600.
Social security tax wage base rises by 5.2% in 2024.
