What is the maximum amount you can collect from Social Security?

Answer 1

Retirement (2010)

If you've reached full retirement age (65 for people born prior to 1943; 66 for people born between 1943 and 1954), there is no limit to how much you can earn.

In the year you reach full retirement age, you can earn $37,680 annually, but for every $3.00 over the limit, $1.00 is withheld from your benefits until the month your reach full retirement age.

If you are under full retirement age, you can earn $14,160 per year without incurring a penalty. For every $2.00 over the limit, $1.00 is withheld from benefits.

Disability (2010)

Most people on Social Security Disability (SSDI) can earn a maximum of $1,000 per month, or $1,640 per month if blind. Any earned income in excess of that amount is considered Substantial Gainful Activity (SGA) and can result in temporary or permanent loss of disability status.

Answer 2

Maximum Social Security Benefit 2007Social Security incomeSocial Security is based on a sliding scale depending on your income, how long you work and at what age you retire. Social Security benefits can automatically increase each year based on increases in the Consumer Price Index. Including a spouse increases your Social Security benefits by 1.5 times your individual estimated benefit. Please note that this calculator assumes that you have only one working spouse. Benefits could be different if your spouse worked and earned a benefit higher than one half of your benefit. If you are a married couple, and both spouses work, you may need to run the calculation twice - once for each spouse and their respective income. This calculator provides only an estimate of your benefits.

The calculations use the 2007 FICA income limit of $97,500 with an annual maximum Social Security benefit of $25,392 per year for a single person and 1.5 times this amount for a married couple. To receive the maximum benefit would require earning the maximum FICA salary for nearly your entire career. You would also need to begin receiving benefits at your full retirement age of 66 or 67 (depending on your birthdate). Your actual benefit may be lower or higher depending on your work history and the complete compensation rules used by Social Security.

Answer 3

not getting your whole life stolen.....

NBD

Answer 4

The maximum earnings in the year 2010 for the earnings test for SSB recipients under full retirement age before repayment is $14160.

Answer 5

Regarding what? Lump Sum death payment? Retirement? Disability? You collect S.S. when you retire until you die. The more you paid into it, they more you get back.

Answer 6

For 2010 with one employer the maximum amount of salary that is subject to the social security tax is 106800 and the maximum social security amount to be withheld on the salary is 6621.60.

Answer 7

Six. ?