Maximum Social Security Tax Withholding 2024. This amount is also commonly referred to as the taxable maximum. The social security administration (ssa) has announced that the maximum earnings subject to the social security payroll tax will increase by $8,400 in 2024.
For 2024, the limit is $168,600. The social security administration (ssa) has announced that the maximum earnings subject to the social security payroll tax will increase by $8,400 in 2024.