Rules Change for People Under Seventy-Two in 1977
Social security earnings limits rise in 1977 from 230 per month to 250 for months with no substantial work, and annual limit to 16 500. People under 72 may earn more and still receive full benefits in months without earnings above 250 or substantial business work. Those 72 and over keep full benefits regardless of earnings. The 1976 limits and tax rates are noted, with to be reports due April 15 1977 and 6.2 billion monthly benefits to 32 million people.