The most an individual who files a claim for Social Security retirement benefits in 2019 can receive per month is:
- $3,770 for someone who files at age 70.
- $2,861 for someone who files at full retirement age (currently 66).
- $2,209 for someone who files at 62.
(For context, the average Social Security retirement benefit in 2019 is $1,461 a month. The average disability benefit is $1,234.)
Who is eligible for the maximum benefit? People who earned Social Security’s maximum taxable income — the amount of your earnings on which you pay Social Security taxes — for at least 35 years of their working lives. The maximum taxable income in 2019 is $132,900; the figure is adjusted annually based on changes in national wage levels, and thus the maximum benefit changes each year.
Keep in mind
- The maximum benefit is not to be confused with the maximum family benefit. That’s the most a family can collectively receive from Social Security (including retirement, spousal, children’s, disability or survivor benefits) on one family member’s earnings record.