Oasdi Max 2024 Increased. For medicare's hospital insurance (hi) program, the taxable maximum was the same as that for the oasdi program. The oasdi maximum taxable amount—$147,000 in 2022—is updated automatically each year in relation to increases in the national average annual wage.

Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced thursday. This is also called the taxable maximum, meaning that any income above this limit is not subject to oasdi taxes.