Adp 2024 Wage And Tax Facts. 2024 payroll wage and tax alert. For the highest earners, those annualized pay increases peaked in october 2022 at $7,387, more than double the increase for lowest earners.
The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. More than 20 states and nearly 40 local jurisdictions will increase their minimum wage rates on january 1, 2024.