Social Security Max 2024 Income Limit. In 2024, if you collect benefits before full retirement age and continue to work, the social security administration will temporarily withhold $1 in benefits for every $2 you earn over $22,320. We call this annual limit the contribution and benefit base.

The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400). If you retire at age 70 in 2024, your maximum benefit would be $4,873.