Want the Max $4,873 Social Security Benefit? Here's the Salary You Need
In 2024, the maximum monthly Social Security check is $4,873. No retiree can get checks above that amount, and a small minority of seniors receive payments equal to it.
There's a maximum Social Security benefit because benefits are based on a percentage of earnings -- but only earnings up to a certain level count. Anyone who earned the maximum countable earnings for a full 35 years can max out their benefit -- as long as they also wait to claim their checks until 70.
Here's what you'd need to earn in order to be among the elite few with a $58,476 annual income from Social Security.
Source Fool.com
