Good News for Those Who Work While On Social Security in 2023
The earnings limit is going up, and that’s great news for those aged 62 to 67 who want to work some and still collect Social Security benefits without any reductions. The earnings limit for those under full retirement age is going from $19,560 to $21,240. The limit for those reaching their full retirement year will go from $51,960 to $56,520. Katie Brockman explains more, including how reductions work, and how the maximum Social Security benefit will increase by $361 per month in her full article here.