2024 Social Security Maximum Deduction Calculator

2024 Social Security Maximum Deduction Calculator. Let's say you earn $165,240 per year or $13,770 per month. Calculate the estimated payroll taxes due on wages for both employees and employers.


2024 Social Security Maximum Deduction Calculator

We call this annual limit the contribution and benefit base. The maximum social security benefit you can receive in 2024 ranges from $2,710 to $4,873 per month, depending on the age.

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