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PEOPLE under 72 can work and earn more and still get their social security benefits starting in January, according to Donald E. Ratcliff, Assistant District Manager in Winchester.
“In 1975 people can earn as much as $2,520 and get their full social security retirement or survivors benefit,” Ratcliff said. “Previously the yearly earnings limit was $2,400. The increase keeps the amount in line with increases in general average wages.” For earnings over $2,520 in 1975, social security benefits will be reduced by $1 for every $2 earned. “But no matter how much people earn for the year,” he said, “they can get their full social security benefit for any month in which they neither earn over $210 nor do substantial work in their own business.” Previous, ly the monthly earnings limit was $200.
Different rules apply to disabled people Who are getting social security disability benefits. “And people 72 and over will continue to get their full social sec
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