Social Security Taxable Wage Base 2024

Social Security Taxable Wage Base 2024. The social security wage base will rise in 2024 to $168,600, a 5.2% increase from its 2023 wage base of $160,200. The wage base or earnings limit for the 6.2% social security tax rises every year.


Social Security Taxable Wage Base 2024

That’s an increase of $8,400 from this year’s $160,200 in earnings, known as the social security wage base, that are subject to that retirement portion of the federal. In 2023, the limit was $160,200.

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