2024 Social Security wage base
The annual earnings limit subject to OASDI Social Security tax.
Primary reference value
$168,600| Parameter | Amount |
|---|---|
| Annual limit | $168,600 |
| Employee tax rate | 6.20% |
| Employer tax rate | 6.20% |
- Announced
- Not recorded; see primary document
- Effective
- 2024-01-01 to 2024-12-31
- Next usual release
- October
Who this applies to.
The employee rate is 6.2%; the employer generally matches it. Medicare has no wage cap. Earnings above this base are not subject to OASDI tax.
Published by SSA. The table uses tax year dates. Check the source for eligibility, elections and exceptions.
Use the 2024 number.
Employee OASDI only. Excludes Medicare, Additional Medicare, income tax and self-employment net-earnings adjustments. Multiple employers and excess withholding require separate return treatment.
Social Security wage base history.
| Year | Reference value | Change | Status |
|---|---|---|---|
| 2021 | $142,800 | — | Official |
| 2022 | $147,000 | +$4,200 | Official |
| 2023 | $160,200 | +$13,200 | Official |
| 2024 | $168,600 | +$8,400 | Official |
| 2025 | $176,100 | +$7,500 | Official |
| 2026 | $184,500 | +$8,400 | Official |
| 2027 | $190,200 | +$5,700 | Projected |
History compares the primary reference value; use each year’s full table for other filing statuses, regions or limits.
Questions about social security wage base.
What is the 2024 social security wage base?
The sourced table above shows the 2024 values. Its status is official. The primary reference is $168,600; other statuses or categories may differ.
When will the next number be announced?
The usual publication window is October. This is a typical schedule, not a promised date. The calendar distinguishes published values from pending releases.
Is this official or projected?
The displayed 2024 record is official. Official means a primary agency document or statute supports the value. A projection states its formula, inflation data and assumptions and changes when an official source becomes available.
How does it compare with last year?
The primary reference changed from $160,200 in 2023 to $168,600 in 2024. Each table should be compared using the same filing status, region and effective period.
Can I use the calculator without an account?
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