Social Security Limit 2024 Earnings Limit. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. In other words, if your income exceeds the cap on yearly earnings — which in 2024 is $22,320 for people who claim benefits before full retirement age — social.
The wage base limit is the maximum wage that’s subject to the tax for that year. Only the social security tax has a wage base limit.
Social Security Limit 2024 Earnings Limit Images References :