Social Security Tax Limit 2024 Rate Chart. Here are the 2025 irs limits. The 2024 limit is $168,600, up from $160,200 in 2023.

That means the maximum social security tax per worker will be rising by $1041.60 to $20,906.40, with $10,453.20 of that taken directly out of an employee’s paycheck, up from. The tax rate for an employee’s portion of the social security tax is 6.2%.