Social Security Limit 2024 Increase. Social security begins notifying people about their new benefit amount by mail. Higher benefits are possible for those who work or delay benefit receipt after reaching fra.

(last year, the tax limit was $160,200. For example, in 2024, if you want to receive the maximum social security amount when you retire, you’ll need to make at least $168,800 annually, an $8,400 increase from last.