What Is The 2024 Social Security Tax Limit. This amount is known as the “maximum taxable earnings” and changes each year. This amount is also commonly referred to as the taxable maximum.

The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an. The wage base or earnings limit for the 6.2% social security tax rises every year.