Social Security Wage Limit 2024 Chart. The wage base or earnings limit for the 6.2% social security tax rises every year. 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.
The special rule lets us pay a full social security check for any whole month we consider you retired, regardless of your yearly earnings. Use the chart in this section to manually index earnings of any wage earner who is initially eligible in the year 2024.
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