2024 Social Security Maximum Income Limit. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. There is no earnings cap after full retirement age.

The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. You can earn up to four credits a year, equivalent to $6,920 in work income in.