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URL:  https://boards.fool.com/from-ss-website-if-you-are-under-full-retirement-34462614.aspx

Subject:  Re: Social security income limits Date:  4/4/2020  11:12 PM
Author:  irasmilo Number:  130424 of 130842

From SS website: If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit. For 2020, that limit is $18,240.

Is this calculated on an individual basis if one is married and both are getting SS early and making money?
In other words, what if the married couple (filing joint) COMBINED make more than $18240?


Each person is considered separately. The reduction is based on compensation income which is almost always separate (ignoring community property states).

Ira
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