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Social Security Earnings Limit Explained

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I thought the first year you filed for it you can make as much as you want only that year?
Comment from : @Emorylee1273

Why am I seeing this in 2025? 😆
Comment from : @luftwaffe6521

Pull this post, Its OLD QUIT CONFUSING FOLKS
Comment from : @kckc496

So they reduced it from 21K to 19K so they are stealing again 😡
Comment from : @RLoose9494

My full retirement age is March 2026, my wife draws hers now and does not receive wages I am considering taking mine from January 2025, which we believe will increase my wife's benefit to 50 of mine, that will double the present amount If I earn above the 2025 limit, which I presume will not become evident until filing taxes in 2026, will my wife's benefit also be reduced by 50 based on my income? We would use the early benefit to pay off credit card debts and back taxes which would be paid off by the time I file in 2026Really appreciate your videos!!!
Comment from : @colinmoore68

Thank you !
Comment from : @danielstoskopf-vq5fj

Why wait there wont be any soon take it while you can
Comment from : @roseanndavis4846

Does that start before you apply or is that after you file
Comment from : @raquelaguilarcreations

Get rid of SS Just give the ppl what they were forced to put in and let the ppl invest it themselves
Comment from : @Bill-cb4bh

I will start collecting at 62 in November I am eligible to earn $1826 But I still want to work and earn about $38k per year Can I have the the $1826 reduced up front, so they don't withhold it later?
Comment from : @wigawaga1

If I work full time can I put the amount over the earnings in my 401k and its pre-tax will that help with reducing my payments?
Comment from : @user-lr4dj8fs6e

Just to be clear, yes you can earn as much as you want There is no limit on how much you can earn However, if you DO earn over the current Earnings Limit, your normal Social Security check will be reduced a bitbrbrIf you are under full retirement age for the entire year, $1 will be deducted from your benefit payments for every $2 you earn above the annual limit For 2024, that limit is $22,320brbrFor example, assume you work part time and you earned $30,000 that year You earned $7,680 over the limit Your annual reduction amount that year is exactly half of thatbrbrHowever, all is good You get this deduction amount back eventually Just not all at once in a tidy sum What happens is your benefit amount will increase when you reach FRA to account for the prior reductions
Comment from : @MrEdwardCollins

It’s 22k for 2024
Comment from : @carieyounginsurance

Your hair looks great!
Comment from : @melissatravelgal

Nice teeth
Comment from : @martinhanley9524

Question,,after you get a social security desabibility report review, do they still send you a letter, even though you have a online account,,the reason i ask its because i can't get into my ss online account since i changed phones
Comment from : @joeplacetas1

$19, 560 before taxes I assume Gross pay
Comment from : @dubbaj2621

Question As a limo driver, we get paid social security wages, line 3 And social security tips, line 7 If I collect at age 62, is the 24k limit on annual income based in both line 3 and 7 combined? The tip portion of the bill is at the discretion of the customer They DO NOT have to pay the gratuity In other words, is the tip portion of my W2 considered earned wages like regular hourly wage and overtime rate?
Comment from : @victorduncan3254

Pretty
Comment from : @MoEl-yt6eo

What about sales commissions on a 1099-NEC that doesn’t list taxes?
Comment from : @shotojukukai

So what if i retire in September and start drawing SS are my wages up till September counted?
Comment from : @bobabell6982

If you’re retired at full retirement and that’s all you get, is Social Security wonder if you were to win a new vehicle that you entered a contest for per se would you be able to keep it or would that count against what they pay you?
Comment from : @barrydepweg690

Genius
Comment from : @silverdragontaylir8252

who do i call
Comment from : @cgrigg1

Obviously, an old video since she's talking about 2022 in 2024!
Comment from : @dannyburdick1640

if you make over the 19k limit and your social security is reduced, don't you get that reduction money back at some point down the road?
Comment from : @justinsteinke5230

O no you again
Comment from : @chrisvinson9579

What if I have a business?
Comment from : @sydneyfairbairn3773

Can someone answer this, cause I don't know Is it mandatory to collect social security I'll be 62 next November, and have no plans to stop working I feel good, I'm healthy and enjoy what I do My income is never less than $175,000 annually, with working a lot of overtime and I don't plan to slow down Will there be an age that it'll be mandatory to collect and how will my income affect my social security?
Comment from : @floopyc1428

Why so low ? This looks like something from the 1950s 🤷‍♀️
Comment from : @K-E2019

Thank you!
Comment from : @Roger_Ramjet

They better know They have to pay that back with interest
Comment from : @bondjovi4595

You are cute Let’s go out and talk about if
Comment from : @bakervinci163

Pay Myers family good money evething legal
Comment from : @nowapobron

Nothing onle
Comment from : @nowapobron

67
Comment from : @aanmerie

Why do we have to pay up to 85 on taxes on our Social Security?
Comment from : @SilverHonda0767

This is not only ridiculous, it is criminals, why the hell can I make how ever much money I want to make, this criminal system must be dismantled
Comment from : @Thebibleauthority

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Comment from : @SilverHonda0767

What if I am 38
Comment from : @AllThingsYesenia

They keep looking for ways to screw us until they can take social security away completely
Comment from : @hunnybunny814

Working was do much easier Never had to worry about all this stuff You have to retire just so you have the time to figure it out😊
Comment from : @Thisishard2333

What is the social Security first year retirement rule If I’m taking my Social Security in July 2023, can I make $50,000 up to the day I retire and not be penalized on my Social SecurityShould I just retire in a year that I have zero income?
Comment from : @Thisishard2333

I love you❤
Comment from : @johnthomas5312

The government wants you to die and/or forfeit ppl from receiving social security AND IT IS Scandalous and shud be illegal
Comment from : @LBright4444

I don't understand how there's a limit to what I can earn, while I'm getting MY money back from social security!! It's MINE, so why the restrictions!!?
Comment from : @markfrank5937

I'll be turning 55, Soon and l'm planning on getting my SSI, @ age 62 When should l begin talking to a SS-Agent, About this and My options?
Comment from : @johnsanchez5204

Ssi will go away equal to what you make
Comment from : @Ava-oc1dg

It's $15,500 / year for 2023 And social security told me that when I reach full retirement, it doesn't matter
Comment from : @iamanovercomer3253

Does interest of a savings account count against the $19,500
Comment from : @howardhughes4920

It doesn’t reduce the social security It limits the amount of social security checks that you get per year So the higher you are over the earnings limit the fewer social security checks you’ll receive per year
Comment from : @Twizzledoc187

Reduced temporarily
Comment from : @youngtimer964

Gross or net
Comment from : @megabandit1200s

Id like to know what age is between 66 & 67 🤣🤣
Comment from : @michael7171

I will be 666 months October of 2023, my question is: after 66 6 yrs, I can make $52,000 a year, but with they count my total fir the year or will they count it separately for the year, will they add Jan-Oct, & total that with Nov & Dec, those are the 2 months that I can make up to 52,000 ? I don't know if they penalize if I go over the amount allowed before I turn full retirement age
Comment from : @lgrizzle54

Will that earnings cap increase in 2023?
Comment from : @lyndim100

That why I started online business
Comment from : @cynthiaadams4322

Can you please help my uncle in getting ss?
Comment from : @saiyedsallahuddin1040

62 the best year to retire
Comment from : @abelflores1593

Thanks for your videos, again 2 questions Is 195K a drop dead figure ? If you make 21K are they going to penalize you on that 15K ? Question 2 If I start drawing this year and my earnings for year are 18K before I retire in early summer, but decide in the fall to work part time for about 1K or less per month, due to these months being NSM (non service months) as I understand the figure is $1625 a month or less to qualify, will I be penalized since at end of year I will be over 195K ? Thank you
Comment from : @iudog5675

Doesn't make sense that someone who chooses to stop working can get SSI but the working stiff, who wants to work, can't get the benefit if he makes over 20k
Comment from : @vipkarl