Social Security Tax Limit 2024 Withholding Meaning. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax. The limit on annual earnings subject to social security taxes is referred to as the taxable maximum or the social security tax cap.
In 2024, this limit rises to $168,600, up from the 2023 limit of $160,200. However, if youโre married and.
