Social Security Limit 2024 Over 50

Social Security Limit 2024 Over 50. So, if you earned more than $160,200 this last year, you didn't have to pay the social security. If you receive social security retirement benefits before you reach your full retirement age (fra) and continue to work, your benefits could be reduced.

You file a federal tax return as an individual and your combined income is between $25,000 and $34,000. People under full retirement age can earn up to $21,240 in 2023 while on social security without penalty.