In the year before you reach full retirement age, you can make $18,960 without your SS benefits being reduced. For every $2 dollars earned over $18,960, your benefits are reduced by $1. In the year you reach full retirement age, you can make $50,520 without your SS benefits being reduced. For every $3 dollars earned over $50,520, your benefits are reduced by $1.
Frequently Asked Questions
Your full retirement age depends on the year of your birth according to the table found here https://www.ssa.gov/benefits/retirement/planner/agereduction.html. If you were born on the 1st of the month, refer to the previous month (or the previous year if born on January 1st).
Year of Birth
1943-1954
1955
1956
1957
1958
1959
1960-Present
Full Retirement Age
66
66 and 2 Months
66 and 4 Months
66 and 6 Months
66 and 8 Months
66 and 10 Months
67
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