Social Security Income Limit 2024 Increase. In 2024, if you’re under full retirement age, the annual earnings limit is $22,320. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024, the social security administration.

So, if you earned more than $160,200 this last year, you. This marks a major shift down from the.