Social Security Max 2024 Contribution Form

Social Security Max 2024 Contribution Form. If you retire at age 70 in 2024, your maximum benefit would be $4,873. The wage base limit is the maximum wage that's subject to the tax for that year.

The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. For example, in 2024, if you want to receive the maximum social security amount when you retire, you’ll need to make at least $168,800 annually, an $8,400 increase from last year.