Max Earnings For Social Security 2024 Income Limit

Max Earnings For Social Security 2024 Income Limit. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. We raise this amount yearly to keep pace with increases in average wages.

Workers earning less than this limit pay a 6.2% tax on their earnings. Social security tax limit (wage base) for 2024.