What Is The Oasdi Max For 2024. For earnings in 2024, this base is $168,600. The oasdi program limits the amount of earnings that are subject to taxation annually.
With last year’s inflation, the number jumped quite a bit. The oasdi limit in 2024 is $168,600.
The Amount, An Increase From $160,200 In 2023, Is The Wage Base Limit That Applies To Earnings Subject To The 6.2% Oasdi Tax (Old Age, Survivors, And Disability Insurance).
The oasdi limit in 2024 is $168,600.
The Wage Base Changes Each Year, With An Adjustment Based.
The social security wage base will rise in 2024 to $168,600, a 5.2% increase from its 2023 wage base of $160,200.
What Is The Oasdi Max For 2024 Images References :
The Oasdi Limit In 2024 Is $168,600.
The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each.
The Social Security Administration (Ssa) Announced That The Maximum Earnings Subject To Social Security (Oasdi) Tax Will Increase From $160,200 To $168,600 In 2024 (An Increase Of $8,400).
Thus, an individual with wages equal to or larger than $168,600.