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How Does the Average Social Security Benefit Compare to the Maximum in 2024?


In 2024, the average monthly Social Security benefit is just $1,907 per month. This is considerably lower than the maximum monthly benefit, which is $4,873 per month.

There are a few important reasons why the maximum benefit is so much higher than the average. Here's what you need to know.

Image source: Getty Images.

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Source Fool.com


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