Social Security Max 2024 Withholding Rate. The rate of social security tax on taxable wages, including qualified sick leave wages and qualified family leave wages paid in 2023 for leave taken after march. If you are working, there is a limit on the amount of your earnings that is taxed by social security.

The initial benefit amounts shown in the table below assume retirement in january of the stated year, with. In 2024, the social security tax limit rises to $168,600.