Social Security Tax Limit In 2024. If your earnings from work are above the old limit, you'll pay more in social security taxes in 2024 than you did in 2023. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by social security.

That’s significantly longer than the current projection of the social security program becoming insolvent by 2034, based on a report from the social security and. The social security tax rate remains at 6.2 percent.