Maximum Social Security Payment 2024. However, if you retire at age 62 in 2024, your maximum benefit would be $2,710. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. In 2024, the maximum social security benefit for retired workers ranges from $2,710 per month at age 62 to $4,873 per month at age 70.