Social Security Wage Limit 2024

Social Security Wage Limit 2024. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. We raise this amount yearly to keep pace with increases in average wages.


Social Security Wage Limit 2024

People under full retirement age can earn up to $21,240 in 2023 while on social security without penalty. There is no earnings cap after full retirement age.

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