Social Security Wage Base Limit 2024 Nj. (for 2023, the tax limit was $160,200. The national average wage index for 2022 is 63,795.13.
Refer to what’s new in publication. In 2024, employees will continue to pay 6.2% on their earnings up to the new wage base of $168,600.
In 2024, The Limit Is $168,600 Annually, However, Limits Increase Over Time Based.
For earnings in 2024, this base is $168,600.
This Limit Changes Each Year With Changes In The National Average Wage Index.
So if a person reaches age 62.
Social Security Wage Base Limit 2024 Nj Images References :
In 2024, The Social Security Tax Limit Rises To $168,600.
The wage base or earnings limit for the 6.2% social security tax rises every year.
The Social Security Wage Base โ.
The consumer price index for urban.