Social Security Max 2024 Tax. Itโs $4,873 per month if retiring at 70 and $2,710 for retirement at 62. The wage base or earnings limit for the 6.2% social security tax rises every year.
The federal government sets a limit on how much of your income is subject to the social security tax. This features a notable increase of 5.2% from 2023โs $160,200.
