2024 Social Security Tax Limit. The wage base limit is the maximum wage that's subject to the tax for that year. If you are working, there is a limit on the amount of your earnings that is taxable by social security.
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). This update provides information about social security taxes, benefits, and costs for 2024.
2024 Social Security Tax Limit Images References :