Social Security Max 2024 Deduction Over 65. In 2024, you can earn up to $22,320 without having your social security benefits withheld. To receive the highest social security payout, you must retire at 70 and have at least 35 working years, earning at least the maximum income amount for the year.

42 rows people who retired at age 66 and who were born before 1943 received delayed. But beyond that point, you’ll have $1 in benefits withheld per $2 of earnings.