2024 Social Security Wage Max. The wage base limit is the maximum wage that's subject to the tax for that year. But beyond that point, you'll have $1 in benefits withheld per $2 of earnings.
The limit is much higher. 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 increase of $8,400).