Social Security Max 2024 Wages In India. The social security wage base โ the amount of worker pay that is subject. This amount is known as the maximum taxable earnings and changes each year.
6.2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus; The current interest rate in the scheme stands at 8.2% and the regular reviews of these interest rates occur every quarter, with the most recent evaluation having taken place on june 30, 2024.