Social Security Max 2024 Taxable Income. However, the annual increases may not be sufficient to sustain the program in future years. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
Social security tax limit (wage base) for 2024. For medicare’s hospital insurance (hi) program, the taxable maximum was the same as that for the.