Social Security Contribution Limit 2024 Over 65. 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. For earnings in 2025, this base is $176,100.
For 2024, that limit increases from $21,240 to $22,320 for beneficiaries who will not reach fra until a future year. There is no earnings cap after full retirement.