2024 Max Social Security Tax. We raise this amount yearly to keep pace with increases in average wages. The maximum earnings subject to social security taxes in 2024 is $168,600, which is up from $160,200 in 2023.

The maximum earnings subject to social security taxes in 2024 is $168,600, which is up from $160,200 in 2023. We are working on updating the provisions to a 2024 trustees report basis, and this category is not yet available.