Social Security Max 2024 Benefits Increase. The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. But retirees who receive the maximum social security payout will see much higher earnings, with their monthly checks jumping to $4,873 in 2024, according to the agency.
The initial benefit amounts shown in the table below assume retirement in january of the stated year, with maximum. (last year, the tax limit was $160,200.