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Social Security benefits were only designed to replace a portion of a retiree's pre-retirement income. It is important to recognize that these benefits are meant to serve as a foundation, rather than the sole source of financial support, during your retirement years.

Younger than Full Retirement Age

In the year you reach
Full Retirement Age

Older than Full Retirement Age

No Earning Test
 

No reduction in benefits

You can earn up to
$4,930 / $59,520 year

 

After this point, your benefits will be reduced by $1 for every $3 you earn over the limit

You can earn up to
$1,860 month / $22,320 year

 

After this point, your benefits will be reduced by $1 for every $2 you earn over the limit

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