Max Earnings For Social Security 2024 Max Earnings. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an. How we deduct earnings from benefits.

Once you exceed the annual earnings limitation, for every $2 over the limit, social security will withhold $1. In 2024, the social security income limit is $22,320 (up from $21,240 in 2023) if you are under full retirement age for the entire year.