Social Security Max 2024 Wages Increase. The maximum social security employer contribution will increase by. This means workers paying into the system are taxed on wages up to this amount, typically at the.

The maximum social security benefit for a worker retiring at full retirement age will increase to $3,822 per month in 2024 from $3,627 in 2023. The 2024 tax limit is $8,400 more than the 2023 taxable maximum of $160,200 and $61,800.