Social Security Max 2024 Contribution Over 60. Your pia is the amount you'd receive if you apply for social security benefits the month you reach your full retirement age (fra), which will range between 66 and 67, depending on when you were. 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.
Listed below are the maximum taxable earnings for social security by year from 1937 to the present. Over your lifetime, youโll likely pay hundreds of thousands of dollars into social security โ but what you get out will depend on a number of factors.