What is the income limit for Social Security in 2020?

$18,240/yr or $1,520/mo. That means one dollar in benefits will be withheld for every $2 in earnings above the limit. Please refer to the table below for more information on your 2020 social security taxes.

2020 SOCIAL SECURITY WAGE BASE & EARNINGS LIMITS

 

2020 SOCIAL SECURITY FULL RETIREMENT AGES