2024 Max Social Security Wage Base

2024 Max Social Security Wage Base. For 2024, the social security tax limit is $168,600. Find the 2024 payroll tax figures and limits.

The wage base or earnings limit for the 6.2% social security tax rises every year. Under the above formula, the base for 2025 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2023 to that for 1992, or, if larger, the 2024 base.