Social Security Max 2024 Income Statement

Social Security Max 2024 Income Statement. That’s what you will pay if you earn $168,600 or more. 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.

For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023). That’s what you will pay if you earn $168,600 or more.