Quote:
Originally Posted by BigRedChief
Sorry, that’s wrong info. Here’s the right stuff. I’m still a noob with this stuff.
Retirees, however, are required to stay under an income limit while taking Social Security. For 2024, that limit is $22,320. After that, the Social Security Administration will deduct $1 for every $2 earned.
|
That limit is true if you haven't reached FRA....after that you can earn as much as you like and still draw Social Security, but it can also put you in a totally different tax bracket.