Social Security Earnings Limit 2025 Under Fra. The lower limit is $23,400 in 2025 and it applies to beneficiaries who are still working and will not reach the full retirement age (fra) until a later year. People under full retirement age can earn up to $22,320 in 2024 (rising to $23,400 in 2025) while on social security without penalty.
How we deduct earnings from benefits. For those under full retirement age (fra) throughout 2025, the annual earnings limit is $23,400 (or $1,950 per month).