Oasdi Max Contribution 2024. The oasdi maximum taxable amount—$147,000 in 2022—is updated automatically each year in relation to increases in the national average annual wage. The current fica tax rate.
The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax. The formula for determining the oasdi contribution and benefit base is set by law.