What Is The Social Security Tax Limit 2024 Over 65. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty. For 2024, the social security tax limit is $168,600.
If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520. The maximum social security benefit in 2024 is $3,822 per month at full retirement age.