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Social Security Earnings Limits Repealed

 
THE WAY BENEFITS ARE COMPUTED NOW:
Overview
Limitations
Step 1 - Find The Normal Retirement Age
Step 2 - Calculate The Average Indexed Monthly Earnings
Step 3 - Calculate The PIA
Step 4 - Retirement Benefits For A Spouse
Current Year Wage & Benefits Maximums
Senior's Earning Limit Repealed

Social Security Recipients 65 - 69 Will No Longer Have Earnings Limits

On April 7, 2000 the President Clinton removed earnings limits, effective back to 12/31/1999.

Before the repeal of the limit, Social Security recipients aged 65 - 69 would lose benefits if their earnings exceeded a limit, currently at $17,000. The senior would lose $1 in benefits for every $3 in earnings over the limit.

Software to calculate Social Security Benefits.

 

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