What Is The Max Oasdi For 2024

What Is The Max Oasdi For 2024. (for 2023, the tax limit was $160,200. With last year's inflation, the number jumped quite a bit.


What Is The Max Oasdi For 2024

1, 2023, the maximum earnings subject to the social security payroll tax will increase by nearly 9 percent to $160,200—up from the $147,000 maximum for 2022,. Base for 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.

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