Social Security Limit 2024 Taxable Wages . The 2024 limit is $168,600, up from $160,200 in 2023. 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. Up to 50% of your social security benefits are taxable if:
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Social Security Tax Limit 2024 All You Need to Know About Tax Limit , On social security, jones said he backs raising the limit on income that's taxable above $168,000 to ensure the social security trust.