Outside Earnings

Outside Earnings

In the United States, any money received by a beneficiary of Social Security who is under the age of 70. Generally speaking, outside earnings are earnings from continuing to work. Outside earnings over a certain level result in a reduction and eventual elimination of monthly Social Security benefits. Beneficiaries under the age of 65 have a low outside earnings limit, while those between 65 and 70 have a higher limit before they begin to lose benefits. Outside earnings have historically been politically unpopular, especially among seniors, but remain in place.