Social Security Earnings Limit 2024 Increase. 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. In 2024, you get one credit for earnings of $1,730, $90 more than the 2023 level.

An average monthly benefit will. This amount is also commonly referred to as the taxable maximum.