they can't do that. I know this. But what my issue is the unit is telling me I must cover the period only while he was at this unit for his award and not a comprehensive service award like a retirement award. Should I cover the other 6 years of service not in this unit for this ETS award. Update 2: I thank you for all this, but I am a senior NCO.
You can earn wages up to the earnings limit of $14,640 with no reduced Social Security. In 2012, any money you make over the earnings limit of $14,640 will reduce your Social Security payments. Every $2 you make over the limit reduces your Social Security payments by $1. For 2013, that limit is $15,120.
Q. What is the maximum benefit you can get from Social Security this year? And how hard is it to qualify for that amount? A. To answer your second question first, qualifying for the maximum Social Security benefit is very difficultâitâs the equivalent of winning a benefits Powerball. To get the highest benefit possible at your full retirement age (FRA), your income needs to have been at or above the Social Security earnings ceiling (the amount of income subject to payroll tax) each year for at least 35 years since age 22. The payroll earnings cap is $127,200 in 2017; in 1982, 35 years ago, it was $32,400.