Social Security Max Income Allowed 2024. The maximum social security benefit in 2024 is $3,822 per month at full retirement age. In 2024, the wage base limit is $168,600, up from last year's $160,200 limit.

Workers earning less than this limit pay a 6.2% tax on their earnings. To receive the highest social security payout, you must retire at 70 and have at least 35 working years, earning at least the maximum income amount for the year.