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    skarsan34's Avatar
    skarsan34 Posts: 20, Reputation: 1
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    #1

    Nov 23, 2007, 02:21 PM
    Social security
    I work and get social security How much money can I earn without losing my social security I always send my copies of my checks to them the amount vaires biweekly and it no more than 200.00
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Nov 23, 2007, 03:02 PM
    Quote Originally Posted by skarsan34
    I work and get social security How much money can I earn without losing my social security I always send my copies of my checks to them the amount vaires biweekly and it no more than 200.00

    From the SS website (I don't know how to post the site):

    If you are under normal (or full) retirement age (FRA): when you start getting your Social Security payments, $1 in benefits will be deducted for each $2 you earn above the annual limit. For 2008 that limit is $13,560 and for 2007, that limit is $12,960. Remember, the earliest age that you can receive Social Security retirement benefits remains 62 even though the FRA is rising.
    In the year you reach your FRA: $1 in benefits will be deducted for each $3 you earn above a different limit, but only counting earnings before the month you reach FRA. For 2008, this limit is $36,120; for 2007, this limit is $34,440.
    Starting with the month you reach FRA:, you will get your benefits with NO limit on your earnings.

    If a child or spouse on your record works while receiving benefits, the same earnings limits apply to him or her as apply to you. If your child or spouse is eligible for benefits this year and is also working, you can use our earnings test calculator to see how those earnings would affect the child's benefit payments. (Your child's or spouse's earnings affect only his or her own benefits. They do not affect your benefits or those of any other beneficiaries on your record.)

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