Max Earnings For Social Security 2024 Increase. For example, in 2024, if you want to receive the maximum social security amount when you retire, you'll need to make at least $168,800 annually, an $8,400. Workers who collect social security before full retirement age can have benefits reduced when their earnings exceed a certain threshold.
Each year, a wage cap is set to determine how much earnings are subject to social security taxes. For example, in 2024, if you want to receive the maximum social security amount when you retire, you’ll need to make at least $168,800 annually, an $8,400.