Social Security Income Tax Limit 2024 Nj. Starting with the month you reach full retirement age, you. The 2024 limit is $168,600, up from $160,200 in 2023.
In 2024, the social security tax known as fica “is assessed against all wages up to a maximum of $168,600,” nancy altman, president of social security. This is a significant jump from 2023’s.