Social Security Tax Limit 2024 Withholding 2024. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.
This features a notable increase of 5.2% from 2023’s $160,200. This amount is also commonly referred to as the taxable maximum.