Fica Limit 2024 Maximum Wage

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Fica Limit 2024 Maximum Wage. As an employer, you are required to withhold 6.2% of each employee’s taxable gross wages to cover this tax, up to a maximum wage base limit. This income ceiling is also the maximum amount of money that’s considered when calculating the.


Fica Limit 2024 Maximum Wage

Attention to detail is important when discussing fica rates and limits, as they may change each calendar year. It remains the same as 2023.

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