Social Security Income Limit 2024 Over 65. This features a notable increase of 5.2% from 2023’s $160,200. For every $2 you earn above this limit, your benefits will be reduced by $1.

The special rule lets us pay a full social security check for any whole month we consider you retired, regardless of your yearly earnings. If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520.