Social Security Limit 2024 Tax Calculator. The maximum social security benefit you can receive in 2024 ranges from $2,710 to $4,873 per month,. You file a federal tax return as an individual and your combined income is more than $34,000.
Apply the social security tax rate of 12.4% on your gross income up the wage. For 2024, itโs $4,873/month for those who retire at age 70 (up from $4,555/month in 2023).