Social Security Tax Max 2024

Social Security Tax Max 2024. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. That means that the maximum amount of social security tax an employee will.

The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. Employers deduct the tax from paychecks and match it, so that 12.4% goes to the program for each employee.