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How much can you earn if you turn 65 in April 2011 and you still receive Social Security?
Wiki User
∙ 13y ago
Since you were born after 1943, you won't reach full retirement age until you are 66, in April 2012.
If you work while drawing Social Security benefits, you can only earn $14,160 in 2011 without incurring a reduction in benefits. For every $2.00 earned above that amount, your benefits will be reduced by $1.00, and your 2012 checks will be withheld until the overage is completely offset.
Beginning in January 2012, you can earn $37,680 per year, and your benefits will be reduced by $1.00 for every $3.00 earned above that limit. This will probably not affect you because the cap is lifted beginning in the month you reach full retirement age (April 2012). There are no limits to how much you can earn once you reach full retirement age.
Wiki User
∙ 13y ago
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