Why millionaires may have already hit their Social Security payroll tax limit for 2024

Most Americans can expect to pay Social Security payroll taxes throughout 2024. But for top earners with gross annual wage income of $1 million, March 2 marks the date at which they will stop paying into the program, according to the Center for Economic and Policy Research. The reason why those…#socialsecurity #democrats #republicans #capitolhill #johnlarson #democrat #elizabethwarren #mass #berniesanders #larson

Source: Reuters: Health - March 2, 2024 Category: Consumer Health News Source Type: news