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Updated 2024 Earnings Requirement for Social Security Credits

hey marc! Jan 18, 2024

What is the updated figure to earn a SS credit in 2024? 

Yes, the amount required to earn a Social Security credit in 2024 has increased. In 2024, you need to earn $1,730 to earn one Social Security credit. This is up from $1,640 in 2023.

If you haven't already, it's a good idea to check out the 2024 Fact Sheet from the Social Security Administration, as it outlines a variety of changes, including adjustments to the earnings limits, benefit amounts, and other important figures.

The content on this blog is for informational purposes only and is not legal, financial, or professional advice. Social Security rules change periodically, so some information may become outdated. For the most accurate advice, consult a certified National Social Security Advisor (NSSA®). Social Security Professionals, LLC, and NSSA® are not responsible for any errors, omissions, or actions taken based on this blog's content. Use of this blog does not create a client relationship, and all information is provided "as is" without guarantees. By using this blog, you agree to hold Social Security Professionals, LLC, and NSSA® harmless from any claims or liabilities arising from its content. For personalized guidance, contact an NSSA® professional.

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