2023-09-08 11:34:01
Social security contributions increase for higher earners
In concrete terms, employees with a gross monthly wage of 7500 euros or more will have to pay 614.10 euros more in the coming year.
(Foto: Maskot/Getty Images)
Berlin Higher earners must expect significantly higher social security contributions in the coming year. The reason for this is the regular increase in the contribution assessment limit. This will be particularly high in 2024 due to wage increases, as can be seen from a draft regulation by the Federal Ministry of Labor. Up to this limit, employees and their employers must pay social security contributions on their gross monthly wages. These include health, nursing care and pension insurance contributions.
Calculations by the Mannheim research institute ZEW for the Handelsblatt show how much the increase is actually affecting individual income brackets. In addition, the contributions for statutory health insurance are to be increased in the coming year, which is taken into account in the calculations. This affects all employees and their employers.
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