Social Security Earned Income Limit 2024. Workers earning less than this limit pay a 6.2% tax on their earnings. To receive the highest social security payout, you must retire at 70 and have at least 35 working years, earning at least the maximum income amount for the year.
5.8 million people were newly awarded social security benefits in 2023. 11 rows if you are working, there is a limit on the amount of your earnings that is taxable by.