Max Monthly Social Security Benefit 2024. The maximum possible benefit in 2024 for someone age 62 is just $2,710. However, if you retire at age 62 in 2024, your maximum benefit would be $2,710.
The maximum $4,873 monthly benefit in 2024 is only paid to individuals who wait until age 70 to retire. Use this social security benefits calculator to estimate your retirement benefits based on your age, earnings and retirement date.
What Is The Maximum Social Security Benefit?
That's enough to replace the average income in the u.s.
Here's A Look At The Steps You'd Have To Take In Order To Qualify For That Maximum $4,873 Benefit.
That comes out to $58,476 per year.
The Chart Below Shows The Maximum Monthly Social Security Benefit For Retired Workers At Different Claiming Ages In 2024.
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How Much Your Receive Depends On Several Factors, Including The Age When You Retire.
The maximum benefit depends on the age you retire.
That Comes Out To $58,476 Per Year.
The average social security benefit in 2023 is about $1,848 per month.
