2024 Social Security Maximum Income Limit 2024

2024 Social Security Maximum Income Limit 2024. How much your receive depends on several factors, including the age when you retire. The initial benefit amounts shown in the table below assume retirement in january of the stated year, with.

Employees paid the 6.2% social security tax, with their employer matching that payment, on income of up to $160,200 in 2023. This amount is known as the “maximum taxable earnings” and changes each.