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Tag: Wage Base Limit

Understanding the Changes in Social Security Taxes for 2024

Posted on October 27, 2023October 27, 2023 by DT

The Social Security Administration recently announced a 3.2% cost-of-living adjustment (COLA) for benefits in 2024. While this increase is smaller than the 8.7% boost seen in 2023, it still represents a significant…

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