The Earnings Test for Social Security Beneficiaries
HRD-79-89
Published: Jul 02, 1979. Publicly Released: Jul 02, 1979.
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Highlights
An analysis was made of the procedures used by the Social Security Administration (SSA) in adjusting the benefits of persons who earn more than the allowable amount. The benefits of persons under age 72 must be reduced if they work and have earnings that exceed an annual exempt amount. For beneficiaries age 65 and over, the 1978 exempt amount was set at $4,000, but this will increase by $500 each year through 1982. The 1978 exempt amount for beneficiaries under age 65 was $3,240.
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BeneficiariesOverpaymentsSocial security benefitsSocial security taxesUnderpaymentsStudentsSocial security trust fundsHuman capital managementSocial security beneficiariesControl systems