2024 Social Security Increase Newsletter

2024 Social Security Increase Newsletter. Thanks to the adjustment, social security benefits are going to be 3.2% higher in 2024. The social security tax limit was increased by 5.2% in 2024, sending the limit from $160,200 in 2023 to $168,600 in 2024.


2024 Social Security Increase Newsletter

The social security tax limit was increased by 5.2% in 2024, sending the limit from $160,200 in 2023 to $168,600 in 2024. Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social.

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