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Maximum SS payment in 2020
Posted by: Amiens 05:50 pm EST 11/11/20
In reply to: re: social security monthly payments - BroadwayTonyJ 05:19 pm EST 11/11/20

I waited until age 70 in 2019 and make about $3400/month, which I believe is the maximum anyone can achieve no matter how much they earned in their career. And then you still have to declare what percentage of that you wish to be paid to your taxes.

I can't remember if I chose 5 or 10% but whatever it is, I receive a monthly check of about $2850 (I've gotten a couple of small cost of living "raises" over time). That's really not enough to live on in NYC and I'm very fortunate that I also receive a healthy pension.
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