Social Security Max 2024 Taxable. See how your retirement benefit depends on your lifetime earnings and retirement age. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. We raise this amount yearly to keep pace with increases in average wages.