Social Security Income Limit 2024 For Seniors. If you are at least 65, unmarried, and receive $15,700 or more in nonexempt income in addition to your social security benefits, you typically need to file a federal income tax return (tax year 2023). 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.

Fra is 66 years and 6 months for people born in 1957 and 66 and 8 months for those born in 1958; Social security benefits include monthly retirement, survivor and disability benefits.