Oasdi Contribution Limit 2024 Calculator. The oasdi maximum taxable amount—$147,000 in 2022—is updated automatically each year in relation to increases in the national average annual wage. Effective january 1, 2024, the wage cap for sdi tax contributions in california will be eliminated.

The wage base or earnings limit for the 6.2% social security tax rises every year. For this calculation we have used the maximum tax rate bracket for 2024 of 39.6% (althought that my change if the bush tax cuts are extended).