If I retire in 2018 at age 66, how much can I earn without incurring a penalty?

Hi,

There is no limit on earnings starting with the month you turn your full retirement age of 66. And if you earn less than $45,360 in the months prior to the month in which you turn age 66, you could potentially draw benefits starting with January 2018 without losing any benefits to the earnings test.

Before deciding on when to file, though, you should strongly consider using the maximization software available on this website in order to explore your options and determine your best filing strategy.

Best, Jerry