Max Social Security Tax 2024 Dollar Amount
Max Social Security Tax 2024 Dollar Amount. It’s $4,873 per month if retiring at 70 and $2,710 for retirement at 62. If your social security income is taxable depends on your income from other sources.
Retirees must earn social security’s maximum taxable income for 35 years to receive the highest benefit. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.