Social Security Limit 2024 Salary For. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. 12 passed the social security fairness act by an overwhelming 327 to 75 majority.
In 2024, the social security income limit is $22,320 (up from $21,240 in 2023) if you are under full retirement age for the entire year. As a result, if you’re a high earner, you will pay more in social security taxes.
