Social Security Limit 2024 Salary Cap. Workers earning at least $160,200 during. For earnings in 2024, this base.
(for 2023, the tax limit was $160,200. The initial benefit amounts shown in the table below assume retirement in january of the stated year, with.
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For 2024, that maximum is set at.
Only the social security tax has a wage base limit.
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 increase of $8,400).
