1 stay on as a month-to-month tenant with your landlordâs approval (in most states, the terms and conditions of the old lease (such as no pets) will carry over into your new, oral month-to-month tenancy), or.  face an eviction lawsuit if you attempt to stay when the landlord wants you to move on.
Limits on Earned Income If Claiming Early Benefits. Until you reach full retirement age, Social Security will subtract money from your retirement check if you exceed a certain amount of earned income for the year. For the year 2017, this limit on earned income is $16,920 ($1,410 per month). The amount goes up each year. If you are collecting Social Security retirement benefits before full retirement age, your benefits are reduced by $1 for every $2 you earn over the limit. Once you reach full retirement age, there is no limit on the amount of money you may earn and still receive your full Social Security retirement benefit.
If you will reach full retirement age in 2015, the limit on your earnings for the months before full retirement age is $41,880. Starting with the month you reach full retirement age, you can get your benefits with no limit on your earnings.The earnings limits amounts for 2016 are not yet available.We will post the 2016 information on our website when we receive it. We use the following earnings limits to reduce your benefits: If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit.