Social Security Limit 2024 Withholding Meaning. For earnings in 2025, this base is $176,100. The wage base or earnings limit for the 6.2% social security tax rises every year.
42 rows social security benefits depend on earnings the amount of a person’s retirement benefit depends primarily on his or her lifetime earnings. The law requires employers to withhold a certain percentage of an employeeโs wages to help fund social security and medicare.
