The estimated average monthly Social Security benefits payable to a disabled worker, their spouse, and one or more children in 2023 is $2,636. For 2024, that amount will be $2,720.1These, along with other amounts, are subject to change annually based on inflation. For a more precise indi...
In 2024, employees are required to pay a 6.2% Social Security tax (with their employer matching that payment) on income up to $168,600, up from $160,200 in 2023, up from $147,000 in 2022, and up from $142,800 in 2021. The maximum income amount for Social Security tax tends to ...