What Is The 2024 Social Security Tax Limit. With the new limit, the maximum social security tax for 2024 will rise from $9,932 to $10,453. This means that individuals earning over $168,600 will pay approximately $521.
The limit on annual earnings subject to social security taxes is referred to as the taxable maximum or the social security tax cap. That means that the maximum amount of social security tax an employee will pay (through.