Social Security Limit 2024 Withholding Limit. The 2024 social security wage base is $168,600, up from the 2023 limit of $160,200. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000.
Wealthier taxpayers will have more social security tax taken from their paychecks this year due to a wage base increase. We call this annual limit the contribution and benefit base.