Social Security 2024 Tax Limit . The new wage base limit, which will be in effect in 2025, is $176,100, up from the $168,600 limit in 2024. For earnings in 2025, this base is $176,100.
We raise this amount yearly to keep pace with increases in average wages. Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced thursday.
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Social Security Tax Limit 2024 Know Taxable Earnings, Increase , For 2024, the social security tax limit is $168,600.
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