What Is The Max Social Security Tax For 2024. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. This explainer was updated in july 2024.

As kiplinger reported, the social security tax wage base jumped 5.2% from 2023 to 2024. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.