Max Earnings For Social Security 2024
Max Earnings For Social Security 2024. Workers who collect social security before full retirement age can have benefits reduced when their earnings exceed a certain threshold. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an.
People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty. Here’s the salary you need if you want the maximum social security benefit.