Stefa Emmalynn

Social Security Limit 2024 Salary Schedule. Wealthier taxpayers will have more social security tax taken from their paychecks this year due to a wage base increase. This amount is also commonly referred to as the taxable maximum.

If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520. Up to 50% of your social security benefits are taxable if: