Social Security Contribution Limit 2024 Over 65

Social Security Contribution Limit 2024 Over 65. 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. The maximum social security benefit you can receive in 2024 ranges from $2,710 to $4,873 per month,.

If you are working, there is a limit on the amount of your earnings that is taxable by social security. For 2024, that limit increases from $21,240 to $22,320 for beneficiaries who will not reach fra until a future year.