Social Security Limit 2024 Increase Over Time. The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520.

The maximum benefit for a worker who claims social security at full retirement age (fra) in 2024 will be $3,822 a month, up from $3,627 in 2023. In 2024, the wage cap was rose.