what is the age cut off for penalties on working and drawing social security income
There is no Social Security earnings limit. Age 66 is your full retirement age so that folks CAN continue to work and draw Social Security also. You can wait longer to get to your full retirement age and full benefit payment -- but you can also consider drawing a Social Security benefit at age 66 - whether retired or still working. You can continue to work and live on your working wages -- and save the Social Security payments for later, when you aren't working and need some extra cash.