Social Security Income Tax Limit 2024. We raise this amount yearly to keep pace with increases in average wages. Workers earning at least $160,200 during.
The maximum social security benefit will increase in 2025. 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).