How much can you earn while on social security?

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The yearly earnings cap for those under the full retirement age in 2023 is $21,240. The maximum amount you can earn in the months prior to reaching full retirement age if you would do so in 2023 is $56,520.

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Can you work while receiving Social Security benefits?

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No matter how much money you make, if you work and are at full retirement age or older, you are eligible to keep all of your benefits.

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What is the best month to start Social Security?

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There isn't a single optimal time of year to file for benefits. You have until age 70 to file for Social Security payments, but you can start doing so at age 62 if you're eligible.

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How much money do I need to retire?

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According to a general rule of thumb, you will require roughly 15 times your estimated annual after-tax retirement expenses if you plan to retire at age 60. 

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How much can you earn while on social security?

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