2024 Earnings Limit For Social Security 2024. — the social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. — the annual cost of living adjustment (cola) by the social security administration (ssa) to social security payments for 2025 is expected to be 2.5%, the.
The oasdi tax rate for wages paid in 2024 is set by statute at 6.2. For earnings in 2024, this base is $168,600.