Social Security Max 2024 Withholding Table

Social Security Max 2024 Withholding Table. Up to 50% of your social security benefits are taxable if: When you complete the form, you will need to select the percentage of your monthly benefit amount you want withheld.

The social security wage base limit is $160,200.the medicare tax rate is 1.45% each for the employee and employer, unchanged from 2022. There is an additional 0.9% surtax on top of the standard 1.45% medicare tax for those who earn over $200,000 (single filers), $250,000 (joint.