Social Security Max Amount 2024. The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. The most a person who retires at age 70 in 2024.

It’s $4,873 per month if retiring at 70 and $2,710 for retirement at 62. 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.