Social Security Max 2024 Benefit Increase. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an. Checks will be paid out.

Continuing to work may have a benefit downside if you claimed social security early. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.