Social Security Max 2024 Wages Increase. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. The limit is much higher if you'll be reaching fra in 2024.
The maximum social security employer contribution will increase by. 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).