Social Security Limit 2024 Earnings

Social Security Limit 2024 Earnings. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. The social security administration always applies the annual earnings test first.

The government sets a limit on the amount of your. Sometimes people younger than full retirement age retire in the middle of the year and have already earned more than the yearly earnings limit.