2024 Max Social Security Tax. The social security administration limits the amount of employee earnings that are subjected to social security tax each year. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax.

The annual limit — called the. 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 increase of $8,400).