Why Chasing the $4,194 Maximum Social Security Benefit May Not Help You So Much

Why Chasing the $4,194 Maximum Social Security Benefit May Not Help You So Much

In 2022, the highest monthly Social Security benefit you can collect is $4,194 a month. To qualify for the maximum monthly benefit Social Security will pay out, you'll need to have earned a very high wage for at least 35 years. Specifically, your wages will need to have matched the annual wage cap for Social Security purposes.