Fica Wage Limit 2024. This amount is also referred to as the “wage base limit” or the “taxable maximum.” it changes every year depending on the. The maximum annual earnings that are subject to social security tax in 2023 is $160,200, for a total tax of $9,932.40.

What are the fica rates and limits for 2024? In 2024, the social security tax limit rises to $168,600.