Submitted By: Soledad
Answered: May 22, 2015 12:02 pm

I’m 63 years old and collect Social Security benefits. How much can I earn in 2015 without any reduction in my benefits?

The earnings limit for those like you who have not yet reached the full retirement age is $1,310 per month, or $20 more per month than in 2014. If you exceed this limit, you’ll lose $1 of benefits for each $2 of benefits over the limit.

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Tax Glossary

Assignment

The legal transfer of property, rights, or interest to another person called an assignee. You cannot avoid tax on income by assigning the income to another person.

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