Social Security Contribution Limit 2022. Social security tax limit (wage base) for 2024. The maximum amount of an individual's taxable earnings in 2022 subject to social security tax will be $147,000, the social security administration (ssa) announced.
The social security tax limit is $147,000 for 2022, up from $142,800 in 2021. The formula for determining the oasdi contribution and benefit base is set by law.