Max Amount To Pay Into Social Security 2024
Max Amount To Pay Into Social Security 2024. Itโs $4,873 per month if retiring at 70 and $2,710 for retirement at 62. The federal government sets a limit on how much of your income is subject to the social security tax.
The maximum benefit depends on the age you retire. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.