Social Security Max 2024 Income Tax. It will rise to $23,400 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).
The wage base or earnings limit for the 6.2% social security tax rises every year. Only the social security tax has a wage base limit.