how much can you make if on social security
You can still earn income when you draw Social Security early, there are limits though. In 2014, you can earn up to $15,480 a year and receive your early Social Security payment. Over and above that threshold, your Social Security payout is reduced by $1 for every $2 you earn. In the year you reach your full Social Security age, you can earn up $3,450 a month before you reach 66, without affecting your benefits. (In that year, itâs reduced by $1 for every $3 you earn over the limit). The bottom line is if you earn more than the threshold, it doesnât make sense to take your benefit early.