What is the maximum social security at age 62?


Quick Answer

The maximum monthly social security benefit possible at age 62 beginning in the year 2015 is $2014.13 as dictated by the Social Security Administration. This is a mandated maximum figure set by the SSA and cannot be greater regardless of past income.

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Full Answer

This scenario would come about if someone began working at age 22, earned the maximum earnings each year and, in 2015, began collecting early retirement benefits immediately upon turning age 62, as the SSA explains. The maximum full retirement benefit is set at $2,685.50, but in the case of early retirement, that figure would be reduced by 25 percent.

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