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Politics : Formerly About Advanced Micro Devices

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From: ryanaka5/26/2019 6:26:34 PM
1 Recommendation

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sylvester80

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The maximum monthly Social Security benefit at full or normal retirement age is $2,788 for 2018 and $2,861 for 2019. However, the maximum allowable benefit amount is only payable to those who had the maximum taxable earnings for at least 35 working years. Depending on when you retire and how much you made while working, your benefits may be considerably less. The estimated average monthly benefit for "all retired workers" in 2019 is $1,461.


Maximum Taxable Earnings Each YearYearAmount
2015$118,500
2016$118,500
2017$127,200
2018$128,400
2019$132,900


HISTORICAL MAXIMUM TAXABLE EARNINGS FOR SOCIAL SECURITY
Source: ssa.gov
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