Social Security Deduction Max 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Keep an eye on the oasdi limit—it’s your earnings ceiling for social security taxes.

Taxpayers can claim their contribution to nps (lower of actual and 10 or 20 per cent of their salary (basic + da) or gross income respectively, as the case may be), as a. Up to 50% of your social security benefits are taxable if: