Social Security Max 2024 Wages Per Month. The table shows average indexed monthly earnings (aime) —an amount that summarizes a person's earnings—and the corresponding monthly benefit amounts. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.

But retirees who receive the maximum social security payout will see much higher. The average benefit will rise to $1,907 per month in 2024 from $1,848 this year.