Social Security Wage Limit 2024. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed by social security. The social security wage base will rise in 2024 to $168,600, a 5.2% increase from its 2023 wage base of $160,200.

What is the social security limit? The absolute maximum social security benefit in 2024 is $4,873 monthly, more than double the estimated average of $1,907 retirees receive across the nation as of january.