Social Security Maximum 2024 Over 65. How much your receive depends on several factors, including the age when you retire. Your social security benefit will be based on your highest income earning years.
The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600. The wage base limit for 2024 is $168,600, so any money earned over that is free from social security’s tax.