What Is Max Social Security Withholding 2024. Initial estimates are putting that number at 2.63%, but that's subject to change based. The maximum earnings that are taxed have changed through the years as shown in the chart below.
The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400). In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.