What Is The Social Security Wage Limit 2024. The special rule lets us pay a full social security check for any whole month we consider you retired, regardless of your yearly earnings. For 2024, the social security tax limit is $168,600.
The employees’ social security (amendment) act 2024 aimed at improving social security coverage for the workforce in the country, and tabled by human resources minister steven sim has received the dewan rakyat nod. The wage base or earnings limit for the 6.2% social security tax rises every year.