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Social Security Max 2024 Contribution. So, if you earned more than $160,200 this last year, you didn't have to pay the social security. Workers earning less than this limit pay a 6.2% tax on their earnings.

The maximum social security benefit for workers retiring at full retirement age will go up to $3,800 from about $3,600 a month. The maximum social security benefit you can receive in 2024 ranges from $2,710 to $4,873 per month, depending on the age.