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- Nov 30, 2016
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How much money can a person earn in income with a W2 when on SS at age 65? The bold info is what I found and just wanting to confirm if that is correct and it there is anything that I'm missing. I'm asking this for someone else that has asked me. I told her I didn't know the answer but I would see if I could help her. Thanks
The Social Security earnings limit is $1,580 per month or $18,960 per year in 2021 for someone age 65 or younger. If you earn more than this amount, you can expect to have $1 withheld from your Social Security benefit for every $2 earned above the limit.
The Social Security earnings limit is $1,580 per month or $18,960 per year in 2021 for someone age 65 or younger. If you earn more than this amount, you can expect to have $1 withheld from your Social Security benefit for every $2 earned above the limit.