2024 Social Security Tax Limit Over 65 . You are not required to pay any social security tax on income that goes past the wage base limit, which for 2024 is $168,600, up from $160,200 in 2023. The 2024 limit is $168,600, up from $160,200 in 2023.
Social security tax limit (wage base) for 2024. Your wages are subject to withholding for income tax, social security tax, and medicare tax even if you are receiving social security benefits.
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Social Security Tax Limit 2024 Know What Social Security Tax Limits is , The 2024 limit is $168,600, up from $160,200 in 2023.