Leela Margot

Social Security Income Limit 2024 Age 62. This limit is almost always based on your annual. But beyond that point, you'll have $1 in benefits withheld per $2 of earnings.

In other words, if your income exceeds the cap on yearly earnings — which in 2024 is $22,320 for people who claim benefits before full retirement age — social security will. Using the ssa’s example in its “how work affects your benefits” publication, if your monthly social security payment at 62 years is $600 ($7,200/year) and you intend to.