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How much can I earn And Still Receive Social Security benefits?

If you are still working but want to collect benefits, you may want to know, “How much can I earn and still receive Social Security benefits?”

If you are still working, but are at an age that you can begin to receive Social Security benefits you may want to know, “How much can I earn and still receive Social Security benefits?

How much can I earn and still receive Social Security benefits?

Different rules for different people exist to determine your benefits. Those rules make it fair for all those who will eventually be collecting benefits. For instance, if you are at least 62 years old but are under the full retirement age of 66, you will be able to earn up to $14,160 without having any amount deducted from your Social Security.

How much will be deducted if I still work?

For 2009 you will be allowed to earn up to $14,160 before any deductions will be made from your Social Security retirement benefits. After that amount, $1 will be deducted for every $2 that you earn over that amount.

How much will be deducted after I turn 66, full retirement age?

If your birthday will be sometime in 2009; your earnings limit will be $37,680, Beginning with your birth month on the year that you turn full retirement age, you will receive your benefits with no deductions.

How much can I earn and still receive Social Security benefits?

After you reach full retirement age you can personally earn as much as you want, but if your spouse of child are also receiving benefits on your record there will be limits on what they can earn. You might want to use the earnings test calculator on the Social Security Administration website to determine how thy will be affected.



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