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2024 Social Security Wage Limit Increase
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2024 Social Security Wage Limit Increase. We call this annual limit the contribution and benefit base. But that limit is rising in 2024, which means seniors who are working and collecting social security.
In 2024, the annual increase to social security benefits (cola) will be 3.2%. For 2024, the social security tax limit is $168,600.
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