Social Security Information - SBCEO


Social Security

Social Security encompasses Old-Age, Survivors and Disability Insurance (OASDI) in the United States. It is run by the Social Security Administration (SSA), which is a federal agency. Medicare, on the other hand, is a separate program, administered by the Centers for Medicare and Medicaid Services (CMS).

Earnings Limits

Contrary to popular belief, you can work while you receive Social Security benefits. When you do, it could mean a higher benefit for you and your family. However, there is a limit to how much you can earn and still receive full benefits.


For people born 1943-1954, the full retirement age is 66. The full retirement age increases gradually each year until it reaches age 67 for people born in 1960 or later. Those who are receiving Social Security benefits and have not reached full retirement age are entitled to receive benefits as long as their earnings are under the limits indicated below.

In the year you reach full retirement age

$59,520 / year

Under full retirement age

$22,320 / year

At full retirement age or older

no limit


If you work while receiving disability benefits, you must inform Social Security about your earnings no matter how little you earn. Once you’ve completed your nine-month trial work period, Social Security will determine if you are still entitled to disability benefits. You also may be eligible for other work incentives to help you transition back to work.

Substantial Gainful Activity (non-blind)

$1,550 / month

Substantial Gainful Activity (blind)

2,590 / month

Trial Work Period Month




Satisfied Customers



Professional agents



Years in Medicare



Insurance plans offered

Earn credits toward Social Security benefits

When you work, you earn credits toward Social Security benefits. The number of credits you need to be eligible for Social Security benefits depends on your age and the type of benefit for which you are applying. You can earn a maximum of four credits each year. Most people need 40 credits to qualify for retirement benefits. $1,730.00 earns one credit in 2024.

Employment Information

You can work and get benefits at the same time. However, there is a limit to how much you can earn and still receive full benefits. If you are younger than your full retirement age and earn more than the yearly earnings limit, your benefit may be reduced.

Social Security Publications

Retirement Information for Medicare Beneficiaries


Information that can help you decide when to start receiving your Social Security retirement benefits.


How You Earn Credits


Find out what work credits are, how they’re earned, and just how many you’ll need to get benefits.


Understanding the Benefits


Get an overview of all Social Security programs and Medicare.



Take a look at some factors that can help you make an informed decision about the best time to retire.


What You Need To Know When You Get Social Security Disability Benefits


Find out what you can expect from Social Security and how and when to report changes that can affect your benefits.


Schedule of Social Security Payments – Calendar 2022


Get a current schedule for Social Security and SSI benefit payments in an easy-to-read calendar format.