2024 Maximum Social Security Tax. Only the social security tax has a wage base limit. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.

The maximum social security benefit in 2024 is $3,822 per month at full retirement age. But retirees who receive the maximum social security payout will see much higher earnings, with their monthly checks jumping to $4,873 in 2024, according to the.