What Is The 2024 Social Security Tax Limit. For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023). Workers earning less than this limit pay a 6.2% tax on their earnings.
In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520.