Social Security Max Income Allowed 2024 2024.  — as of 2024, they were also entitled to a 3.2% cost of living adjustment (cola) to keep these benefits aligned with inflation.  — the highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration.

For example, if you retire at full retirement age in 2024, your maximum benefit would be $3,822.  — the highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration.