Social Security Max 2024 Payout Age. The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. To receive the highest social security payout, you must retire at 70 and have at least 35 working years, earning at least the maximum income amount for the year.
There is no earnings cap after full retirement. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty.