Social Security Max Income Allowed 2024 2024. We call this annual limit the contribution and benefit base. For 2024, the limit for substantial gainful activity (sga) is increasing to $1,550 per month (up from $1,470 in 2023).
In 2024, people who reach full retirement age (fra) โ the age at which you qualify for 100 percent of the benefit calculated from your earnings record โ can earn. The maximum earnings subject to social security taxes in 2024 is $168,600, which is up from $160,200 in 2023.
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