2024 Social Security Tax Limit Increase 2024
2024 Social Security Tax Limit Increase 2024. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. In 2023, you paid social security taxes on work income up to $160,200.
For earnings in 2024, this base is $168,600. We’ve got two more months of inflation data to go.