Social Security Tax Rate 2024 Vs 2024 . The top rate drops to 5.84% for 2024, 5.2% for 2025, 4.55% for 2026, and 3.99% for 2027 and thereafter. You file a federal tax return as an individual and your combined income is more than $34,000.
The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each. In 2023, the limit was $160,200.
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