Reported 23 days ago
In 2025, the maximum monthly Social Security benefits are set at $2,831 for age 62, $4,043 for age 67, and $5,108 for age 70. To qualify for these maximum amounts, individuals must earn at least the annual wage base limit of $176,100 in each of the 35 highest-earning years. However, only about 6% of workers earn above this wage limit, making it challenging for most to receive the maximum benefit. Social Security is intended to supplement other retirement income sources, emphasizing the importance of diverse income strategies for a secure retirement.
Source: YAHOO