Social Security Contribution Limit 2024. The oasdi tax rate for wages paid in 2025 is set by statute at 6.2 percent for employees and employers, each. You'll have $1 in social security withheld for every $2 you earn above that limit.

The social security wage base will increase from $160,200 to $168,600 in 2024. The social security wage base is $168,600 for employers and employees, increasing from $160,200 in 2023.