Social Security Limit 2024 Withholding. We raise this amount yearly to keep pace with increases in average wages. The 2024 social security wage base is $168,600, up from the 2023 limit of $160,200.
In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. So, if you earned more than $160,200 this last year, you didn’t have to.
