Social Security Max 2024 Withholding 2024. 42 rows social security benefits depend on earnings the amount of a person's retirement benefit depends primarily on his or her lifetime earnings. (last year, the tax limit was $160,200.
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. The wage base or earnings limit for the 6.2% social security tax rises every year.