> penltyfor making to much money
  • Question

  • penltyfor making to much money

    Asked by someone from Milwaukee, WI on 2/28/2020

    at what age after 1955 are you allowed to make as much income as you want

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  • Michelle Dash

    Michelle Dash
    The Money Friend

    Chicago, IL
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  • You are always allowed to make as much income as you want, though I assume your question is in regard to the earnings limit.

    For those born in 1955, your full retirement age is 66 and 2 months. At your full retirement age, you are no longer subject to the income limit which withholds $1 for every $2 earned above $18,240 in 2020.

  • Login to rate this answer:   Answered on 3/10/2020
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