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Year. Average Monthly Benefit Among Retired Workers. Maximum Monthly Benefit at Full Retirement Age. 2014. $1,294. $2,642. 2015. $1,329. $2,663. 2016. $1,342. $2,639
Here's the salary you need if you want the maximum Social Security benefit. ... Your PIA is what you qualify for when claiming benefits at full retirement age. ... 2014. $117,000. 1990. $51,300 ...
That's the amount you'll receive by claiming benefits at full retirement age. If you decide to start Social Security early, you'll receive less than your PIA. ... 2014. $117,000. 1990. $51,300 ...
Your PIA is the amount you'll receive if you apply for benefits when you reach your full retirement ... 2014. $117,000. 1990. $51,300. ... Here's the maximum possible Social Security benefit at ...
That's the amount you'll receive if you apply for benefits at your full retirement ... 2014. $117,000. 1990. $51,300. 2015. $118,500 ... If you're in line for the maximum possible Social Security ...
Data source: Social Security Administration, 2024 Annual Statistical Supplement. *As of November 2024. Back in 1984, the average monthly benefit was just $460.57 -- adding up to about $5,527 for ...
The second thing you must do to earn the max benefit is to earn the maximum income subject to Social Security payroll taxes in each of your 35 highest-earning years. In 2024, that's $168,600. In ...
Here's the maximum possible Social Security benefit at ages 62, 67, and 70. One of the most important decisions you'll face in retirement is when to claim Social Security benefits. Even if you've ...