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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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