Social Security Limit 2024 Withholding Limit

Social Security Limit 2024 Withholding Limit. The wage base or earnings limit for the 6.2% social security tax rises every year. Here are the 2024 irs limits.

The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. You can ask social security to withhold federal taxes from your benefit payment when you apply or change your withholding.