What is the payment scale of Social Security?


Quick Answer

As of January 2015, eligible individuals can receive up to $733 per month. Couples are able to receive up to $1,100 per month if both parties are eligible individuals, and those classified as an essential person can receive up to 367 per month, according to the Social Security Administration.

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Full Answer

The amount of social security increases as the cost of living increases. The increase from 2014 to 2015 was 1.7 percent, reports the Social Security Administration. If an eligible individual receives countable income from another source, this income may impact the amount received from Social Security benefits.

There are several types of income that are not considered countable income, including monies from other social services agencies, the first $20 received per month and rent subsidies. In 2015, the maximum amount an individual is able to earn during a one month time period is $1,551 in order to still qualify for social security payments. If a person earns or receives more than the maximum countable income, that person may be at risk for not meeting social security eligibility requirements. Students who are blind or disabled are allowed to earn up to $1,780 per month but no more than $7,180 in the year 2015, which is a 1.7 percent increase from 2014, according to the Social Security Administration.

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