Social Security Percentage 2024 Withholding

Social Security Percentage 2024 Withholding. Social security taxes in 2024 are 6.2 percent of gross wages up to $168,600. Employers must share fica payments with employees.

6.2% social security tax on the first $168,600 of employee wages (maximum tax is $10,453.20; The social security tax limit refers to the maximum amount of earnings that are subject to social security tax.