Social Security Maximum 2024 Earnings Per Month

Social Security Maximum 2024 Earnings Per Month. If you collect social security benefits during the year you reach fra, social security will deduct $1 in benefits for every $3 you earn over this higher limit. The initial benefit amounts shown in the table below assume retirement in january of the stated.

In 2024, the average monthly social security benefit is just $1,907 per month. We’ll tell you the maximum amount you can get from social security each month when you retire, and how much you need to make to get there.