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Old Age Pension Revisions Allow Higher Earned Income
Social Security announces higher earnings limits for beneficiaries. Wage earners may now keep benefits with up to 75 dollars in monthly earnings, and self employed individuals may earn 900 dollars annually without suspension. Beneficiaries must report earnings exceeding limits and file annual net earnings and service months reports by March 15. The 1952 amendments also allow certain 75 and older recipients to have benefits recomputed under a new formula.
MENTIONED IN THIS ARTICLE
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Social Security Administration
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