2024 Social Security Wage Limit Increase . The wage base or earnings limit for the 6.2% social security tax rises every year. 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).
The maximum amount of earnings subject to the social security tax (taxable maximum) will. (for 2023, the tax limit was $160,200.
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