Dniren Lilith

2024 Social Security Tax Limit Capex. We call this annual limit the contribution and benefit base. But beyond that point, you'll have $1 in benefits withheld per $2 of earnings.

We raise this amount yearly to keep pace with increases in average wages. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an.