Oasdi Tax Maximum 2024

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Oasdi Tax Maximum 2024. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. With last year's inflation, the number jumped quite a bit.


Oasdi Tax Maximum 2024

Under the above formula, the base for 2024 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2022 to that for 1992, or, if larger, the. Only the social security tax has a wage base limit.

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