Max Wages While Drawing Social Security 2024. The federal government withholds benefits from some seniors' social security checks if they earn too much income. For every $2 you earn above this limit, your benefits will be reduced by $1.

In 2024, the maximum benefit is $4,873 a month, according to the social security administration. If you’re under the full retirement age, however, the annual earnings limit is $22,320 for 2024.