Max Oasdi Tax 2024. The amount, an increase from $160,200 in 2023, is the wage base limit that applies to earnings subject to the 6.2% oasdi tax (old age, survivors, and disability insurance). The rates shown reflect the amounts received by the trust funds.
The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400). So, youโre looking at a potential $7,500 increase in the taxable wage base from this year to next.