Lds Generwhat Is The 2024 Social Security Tax Limit. The wage base or earnings limit for the 6.2% social security tax rises every year. As a result, if you're a high earner, you will pay more in.
The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child. Potentially lost in the excitement of the 2024 cola announcement, there are a number of limit changes ahead for social security participants next year.