Social Security Limit 2024 Increase 2024. For earnings in 2024, this base is $168,600. According to cpa practice advisor, the maximum social security benefit for workers retiring at full retirement age will rise to $3,822 in 2024 from $3,627 in 2023.

This amount is also commonly referred to as the taxable maximum. 71.6 million people received benefits from programs administered by the social security administration (ssa) in 2023.