Social Security Wage Limit 2024 History. For 2023, the wage base was $160,200. This limit changes each year with changes in the national average wage index.
57 rows listed below are the maximum taxable earnings for social security by year from 1937 to the present. In 2023, any month in which earnings exceed $1,050 is considered a month of services for an individual’s trial work period.
For 2023, The Wage Base Was $160,200.
For earnings in 2024, this base is $168,600.
In 2023, Any Month In Which Earnings Exceed $1,050 Is Considered A Month Of Services For An Individual's Trial Work Period.
Any amount earned above that is not subject to the social security wage tax.
In 2024, The Limit Is $168,600 Annually, However, Limits Increase Over.
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For 2024, The Ssa Set That Wage Limit At $168,600.
In 2024, the limit is $168,600 annually, however, limits increase over.
There's No Wage Base Limit For Medicare.
If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit.
In 2023, Any Month In Which Earnings Exceed $1,050 Is Considered A Month Of Services For An Individual's Trial Work Period.