Maximum Social Security Withholding 2024 Over 65

Maximum Social Security Withholding 2024 Over 65. Workers earning less than this limit pay a 6.2% tax on their earnings. Fica is a 15.3% payroll tax that funds social security and medicare.


Maximum Social Security Withholding 2024 Over 65

In 2024, if you collect benefits before full retirement age and continue to work, the social security administration will temporarily withhold $1 in benefits for every $2 you earn. For 2024, an employee will pay:

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