Social Security Wage Limit 2024 History. For the year 2024, the social security wage base is projected to be $167,700. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. The nonpartisan tax foundation estimated that trumpโs proposal to end taxes on social security benefits would increase the budget deficit by $1.6 trillion over 10.