Max Income While Drawing Social Security 2024. People under full retirement age can earn up to $21,240 in 2023 while on social security without penalty. In the year you reach full retirement age, we deduct $1 in benefits for every $3 you earn above a different limit, but we only count earnings before the month you reach.

The amount of earnings that we can exclude each month, until we have excluded the maximum for the year, is $2,290 a month. For 2023, the social security earnings limit is $21,240.