Social Security Tax Wage Limit 2024 Table. This amount is known as the “maximum taxable earnings” and changes each. For 2024, the social security tax limit is $168,600.
Growth in the social security wage cap from $128,400 in 2018 to $160,200 in 2023 represents nearly a 25 percent increase over the past five years. The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child.