Social Security Income Limit 2024 Over 65. Work income up to that level is exempt, but you lose $1 in benefits for every. (the figure is adjusted annually based on national changes in average wages.) you lose $1 in benefits.
For example, if you retire at full retirement age in 2024, your maximum benefit would be $3,822. Up to 85% of a taxpayer’s benefits may be taxable if they are: