Social Security Max 2024 Wages 2023
Social Security Max 2024 Wages 2023. We index such earnings (that is, convert past earnings. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security.
The oasdi tax rate for wages paid in 2025 is set by statute at 6.2 percent for employees and employers, each. 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.