Social Security Max Income Allowed 2024 Olympics. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. The absolute maximum social security benefit in 2024 is $4,873 monthly, more than double the estimated average of $1,907 retirees receive across the nation as.
Individuals must wait until full retirement age to claim benefits and have been a high. 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.