Social Security Update: There’s a New Cut-Off for Earnings — What It Means For Your Retirement
Article Excerpt: "...the Social Security Administration considers you “retired” when you start receiving retirement benefits. If you are younger than full retirement age and earn more than the SSA’s yearly earnings limit, your benefits might be reduced. The full retirement age is either 66 or 67 years old, depending on if you were born before or after 1960. The SSA occasionally puts in new earnings test limits regarding work income. On Oct. 12, 2023, the agency is likely to announce a higher limit for 2024..."
Resource: yahoo.com