Social Security Earned Income Limit 2024. For seniors who earn above $34,000, an. In 2024, social security recipients under full retirement age face benefit reductions if earnings exceed $18,960.

The annual cost of living adjustment (cola) by the social security administration (ssa) to social security payments for 2025 is expected to be 2.5%, the. 37% of men and 42% of women get at least 50% of their income from social security.