Social Security Max Income Allowed 2024. In 2024, if you’re under full retirement age, the annual earnings limit is $22,320. For 2024, the limit for substantial gainful activity (sga) is increasing to $1,550 per month (up from $1,470 in 2023).

We raise this amount yearly to keep pace with increases in average wages. This not only means that higher earners will likely pay more in social security taxes this year, but it.