Social Security Wage Limit 2024 Increase. The maximum employee share of the social security tax contribution will increase from. The social security act specifies a higher sga amount for statutorily blind individuals;

The social security administration (ssa) has announced that the maximum earnings subject to the social security payroll tax will increase by $8,400 in 2024. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.