Social Security Tax Limit 2024 Amount. The 2024 limit is $168,600, up from $160,200 in 2023. The social security administration (ssa) has announced a significant increase in the social security tax limit for 2024, raising it by 5.2% to $168,600.
Learn how the irs determines how much of your social security benefits are taxable based on your combined income and filing status. The wage base or earnings limit for the 6.2% social security tax rises every year.
Social Security Tax Limit 2024 Amount Images References :