Social Security Tax Limit 2024 Amount Limit. This features a notable increase of 5.2% from 2023’s $160,200. 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.

This amount is known as the “maximum taxable earnings” and changes each. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.