Max Ssn Tax 2024. The social security administration (ssa) has announced that the maximum earnings subject to social security tax (social security wage base) will increase from. It’s $4,873 per month if retiring at 70 and $2,710 for retirement at 62.
The wage base limit is the maximum wage that’s subject to the tax for that year. The federal government sets a limit on how much of your income is subject to the social security tax.