What Is Max Social Security Benefit In 2024. The maximum $4,873 monthly benefit in 2024 is only paid to individuals who wait until age 70 to retire. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.

The initial benefit amounts shown in the table below assume retirement in january of the stated. You generally only need to have worked and paid social security taxes for at least 10 years to qualify for retirement benefits, but.