What happens when you exceed Social Security’s “earnings limit”?
Working while you’re collecting Social Security can have consequences if you haven’t yet reached your full retirement age and you earn enough to exceed Social Security’s annual “earnings limit”. If that happens, Social Security will reduce your benefits by an amount determined by how much the earnings limit is exceeded. But how do they reduce your benefits? This NJ.com article by Karin Price Mueller explains how Social Security will take back benefits if the earnings limit is exceeded. Click here to read more.