Social Security Wage Limit 2024 Base. — the social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax. — the social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
— the internal revenue service has announced an increase in the social security wage base to $168,600, up from $160,000. — the maximum 2024 social security component of the federal insurance contributions act tax payable by each employee will be $10,453.20, or 6.2% of the.