Social Security Limit 2024 Salary 2024. 6.2% for both the employer. Employers (66%) said 2025 salary increase budgets are expected to be the same as their 2024 salary budgets, 19% said 2025 salary budgets are expected to be higher,.

We raise this amount yearly to keep pace with increases in average wages. Employees with membership dates prior to july 1, 1996, are not impacted by these limits.