Social Security Contribution Limit 2024. Itโs $4,873 per month if retiring at 70 and $2,710 for retirement at 62. So, if you earned more than $160,200 this last year, you didn't have to pay the social security.
Below are federal payroll tax rates and benefits contribution limits for 2024. But beyond that point, you’ll have $1 in benefits withheld per $2 of earnings.
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