Zena Angelia

2024 Social Security Wage Limit Increase. The 2024 limit is $168,600, up from $160,200 in 2023. Individual taxable earnings of up to $176,100 annually will be subject to social security tax in 2025, the social security administration (ssa) said thursday.

The coalition also called for adjusting the pension salary cap to match the social security wage base. The maximum employee share of the social security tax contribution will increase from.