Social Security Benefits Amounts 2024 Calculator. If you claim at age 67 with a benefit of $24,000 a year, you’ll have $336,000. So, how does that affect the maximum benefit limit?

Social security benefits are typically computed using average indexed monthly earnings. this average summarizes up to 35 years of a worker’s indexed earnings. When you calculate how much of your social security benefit is taxable, use the $2,000/month number and multiply that by the number of months to get the annual social.