Maxie Jessica

Social Security Tax Wage Limit 2024 Olympics. This threshold, referred to as the social security wage base, means that if you earn more than $168,600 in 2024, you won't pay oasdi tax on the amount above that. The limit on annual earnings subject to social security taxes is referred to as the taxable maximum or the social security tax cap.

The federal government sets a limit on how much of your income is subject to the social security tax. In 2024, you can earn up to $22,320 without having your social security benefits withheld.