As of 2015, the maximum annual taxable earnings allowed for a Social Security and Supplemental Security Income recipient is $118,500, according to the Social Security Administration. The amount of monthly SSI benefits dispersed depends on the age at which the recipient begins collecting benefits and the beneficiary's earnings.Continue Reading
SSI recipients who collect benefits before full retirement age may earn up to $1,310 per month, or $15,720 per year, before SSI benefits are reduced. For every $2 earned above the limit, $1 in benefits is withheld, explains the SSA.
Beneficiaries who collect SSI at or after full retirement age may earn a maximum of $3,490 per month, or $41,880 per year, before benefits are impacted, notes the SSA. Once the threshold has been passed, $1 in benefits is withheld for each $3 in earnings.Learn more about Financial Planning