Social Security Tax Limit 2024 Married. The federal government sets a limit on how much of your income is subject to the social security tax. The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total.

The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The ssa has announced that benefit checks will rise 3.2% in 2024.