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Retirement…




Question: How much money can I earn and still get Social Security benefits?

Answer: It depends on your age. Social Security uses the formulas below to determine how much your benefit must be reduced when you earn money:

If you are under your full retirement age when you start getting your Social Security payments, we deduct $1 in benefits for each $2 you earn above an annual limit. For 2009, that limit is In the year you reach your full retirement age, we will deduct $1 in benefits for each $3 you earn above a different limit. For 2009, this limit is $37,680.

Starting with the month you reach full retirement age, you can earn as much as you want and still receive all of your Social Security benefits.

To learn more, read our

publication How Work Affects

Your Benefits available at www.socialsecurity.gov/ pubs/10069.html.


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