Social Security Wage Limit 2024 Income. The wage base limit is the maximum wage that's subject to the tax for that year. Currently, that cap sits at $168,600.
We call this annual limit the contribution and benefit base. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty.
Social Security Wage Limit 2024 Income Images References :