Social Security Wage Limit 2024 Inflation

Social Security Wage Limit 2024 Inflation. Wage indexing depends on the year in which a person is first eligible to receive benefits. But beyond that point, you'll have $1 in benefits withheld per $2 of earnings.

In 2024, the annual increase to social security benefits (cola) will be 3.2%. But beyond that point, you’ll have $1 in benefits withheld per $2 of earnings.