Social Security Limit 2024 Withholding. — the wage base or earnings limit for the 6.2% social security tax rises every year. — the social security tax limit refers to the maximum amount of earnings that are subject to social security tax.
— the social security wage cap is $168,600 in 2024, up from $160,200 in 2023. That means that the maximum amount of social security tax an employee will.