Max Earnings For Social Security 2024 Income Limit. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. In 2024 the income limit in the year a person reaches full retirement age is $59,520.
We raise this amount yearly to keep pace with increases in average wages. In 2024, people who reach full retirement age (fra) โ the age at which you qualify for 100 percent of the benefit calculated from your earnings record โ can earn.