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How much can you earn while on Social Security at age 66?

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If you were born between 1943 and 1954 and are at least 66 years old in 2010, you will reach full retirement age on your birth month under Social Security guidelines. In the year you reach full retirement age, you can earn $37,680 annually, but for every $3.00 over the limit, $1.00 is withheld from your benefits until the month your reach full retirement age.

The income cap is lifted completely and permanently the month you reach full retirement age.
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