Max Taxable Social Security Wages 2024. We raise this amount yearly to keep pace with increases in average wages. 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).
But that limit is rising in 2024, which means seniors who are working and. (for 2023, the tax limit was $160,200.