Maximum Social Security Withholding 2024. For 2024, the social security tax limit is $168,600. 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).


Maximum Social Security Withholding 2024

The social security wage cap is $168,600 in 2024, up from $160,200 in 2023. 45% medicare tax on the first $200,000 of wages ($250,000 for joint returns,.

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