What Is The 2024 Social Security Tax Limit For Seniors

What Is The 2024 Social Security Tax Limit For Seniors. The maximum social security benefit at full retirement age (fra) is $3,822 per month in 2024, up from $3,627 per month in 2023. In 2023, the limit was $160,200.

A proposal to end federal tax on social security retirement benefits would provide relief for retirees as early as next year. The wage base or earnings limit for the 6.2% social security tax rises every year.