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PDtax
PDtax, CPA firm owner
Category: Social Security
Satisfied Customers: 4104
Experience:  35 years tax and professional advice in all matters money
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What is the maximum amount that can be paid into an

Customer Question

What is the maximum amount that can be paid into an employees social security account and what is the maximum amount a person may receive in social security monthly benefits.
Submitted: 10 months ago.
Category: Social Security
Expert:  PDtax replied 10 months ago.

Hi from just answer. I'm PDtax. I'll assist.

Expert:  PDtax replied 10 months ago.

https://www.ssa.gov/oact/cola/cbb.html is a link to the wage max limits over time. The maximum one could pay in is a function of that amount and the rate, as well as the years worked.

The maximum benefit for 2016 is...

Expert:  PDtax replied 10 months ago.

$2639 per month.

Thanks for asking at just answer. Positive feedback is appreciated. I'm PDtax.