Claiming Benefits While You Are Working
While you're working, your spousal benefit amount will be reduced only until you reach your full retirement, which is age 66 for those born between 1943 and 1954. If you are under full retirement age when you start getting your spousal benefits, $1 in benefits will be deducted for each $2 you earn above the annual limit. For 2014 that limit is $15,480.
|Age||Annual Income Limit||Benefit Forfeiture for Income Above Limit|
|62 until Year of 66th Birthday Begins||$15,480||$1 per $2 earned|
|Year of 66th Birthday||$41,400||$1 per $3 earned|
|66 and above||None||N/A|