Social Security Earnings Limit 2024 At Age 62. For the period between january 1 and the month you attain full retirement age, the income limit increases to $56,520 (for 2023) without a reduction in benefits. In other words, if your income exceeds the cap on yearly earnings โ which in 2024 is $22,320.
If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520. Starting with the month you reach full retirement age, you.