Social Security Limit 2024 Over 50. If you retire at age 70 in 2024, your maximum benefit would be $4,873. On average, social security retirement benefits will increase by more than $50 per month starting in january.

The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. The most a person who retires at age 70 in 2024.