Social Security Retirement Income Limit 2024

Social Security Retirement Income Limit 2024. For 2024, the limit for substantial gainful activity (sga) is increasing to $1,550 per month (up from $1,470 in 2023). Full retirement age has been gradually moving later since social security reforms in 1983 and that will happen again next year.

The absolute maximum social security benefit in 2024 is $4,873 monthly, more than double the estimated average of $1,907 retirees receive across the nation as. If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520.