Social Security Tax Rate 2024 Limit 2024. For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023). The social security wage base limit is.

In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. The social security wage base is the maximum gross earnings subject to social security tax that can be imposed on an employee.