Social Security Wage Limit 2024 Income Limit. The 2024 limit is $168,600, up from $160,200 in 2023. We call this annual limit the contribution and benefit base.

(last year, the tax limit was $160,200. Individual taxable earnings of up to $176,100 annually will be subject to social security tax in 2025, the social security administration (ssa) said thursday.