2024 Social Security Limit Wages In Hindi. The 2019 bill mandated social security for certain establishments, based on thresholds, such as. The internal revenue service has announced an increase in the social security wage base to $168,600, up from $160,000.

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 of $8,400). The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each.