Social Security Earnings Limit 2024 Increase. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
For earnings in 2024, this base is $168,600. Retirees are getting a raise in 2024.