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2024 Social Security Tax Limit Increase

2024 Social Security Tax Limit Increase. Trump has also said that he will direct congress to make permanent the tax reductions of the tax cuts and jobs act of 2017 that are due to expire at the end of 2025.  โ€” for 2024, the social security tax limit has been set at $168,600, an increase from the $160,200 limit in 2023.


2024 Social Security Tax Limit Increase

(for 2023, the tax limit was $160,200. On average, social security retirement benefits will increase by more.

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