Social Security Max 2024 Payment. 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. But that’s only part of the story, because the real maximum benefit is.

The tax limit is indexed to inflation and is therefore estimated to rise in 2026. This amount is also commonly referred to as the taxable maximum.