Oasdi Limit 2024 Increase. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. For 2024, the wage base limit will be $168,600 annually, up from $160,200 in 2023.
Social security withholding tax changes. As a result, in 2024 you’ll pay no more than $10,453 ($168,600 x 6.2%) in social security taxes.