Social Security Limit 2024 Salary Over 65. For example, if you have wages of $42,320, you would be $20,000. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty.

There is no earnings cap after full retirement age. If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age.