Social Security 2024 Max Withholding Nothing. If you are working, there is a limit on the amount of your earnings that is taxable by social security. For instance, if you filed for social security this year at full retirement age this year, your maximum benefit would be $3,822, according to the social security administration.
Unlike the tax rate which has been at 6.2% for employees since 1990, the tax limit, also known as the taxable maximum, changes every year. Social security beneficiaries may request to have withholding for federal taxes deducted from their benefit payments.