2024 Earnings Limit For Social Security 2024
2024 Earnings Limit For Social Security 2024. The most you will have to pay in social security taxes for 2024 will be $10,453. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
Workers earning less than this limit pay a 6.2% tax on their earnings. In 2024, social security will allow you to make $22,320 a year being retired.