What Is The Max Social Security Payment 2024. While the 2024 cost of living increase boosted benefits by 3.2%, there's still a cap on how much you're eligible to receive per month, depending on when you begin to receive. That comes out to $58,476 per year.
The most an individual who files a claim for social security retirement benefits in 2024 can receive per month is: If you retire at your full retirement age (fra) this year, your.