Social Security Annual Earnings Limit 2024

Social Security Annual Earnings Limit 2024. There is no earnings cap after full retirement age. This amount is known as the “maximum taxable earnings” and changes each year.


Social Security Annual Earnings Limit 2024

In 2024, if you collect benefits before full retirement age and continue to work, the social security administration will temporarily withhold $1 in benefits for every $2 you earn. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty.

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