Max Earnings For Social Security 2023. The maximum earnings subject to the social security payroll tax will increase by nearly 9%, the social security administration announced. But if you earn enough during your career, you could receive a lot more from social security when you retire.
For 2023, the social security earnings limit is $21,240. The social security administration (ssa) has announced that the maximum earnings subject to social security tax (social security wage base) will increase from $147,000 to $160,200 in 2023 (an increase of $13,200).