2024 Max Social Security Tax By Year Chart. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. 2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20),.

As social security’s trust funds face nearing depletion dates, here’s what the vice presidential picks for 2024 have said about the program’s future. Estimate your monthly social security retirement benefit using your age, income and when you want.