Earnings Limits for 2008
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VerBout Services |
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Earnings Limits for 2008 |
Karl Krodel, Janel Rutherford, Kerry Sauve, Jill Peltier
VerBout Services
651-464-7941, Fax:763-201-7866
3rd Floor
25 North Lake St. Suite 300
Forest Lake, Mn 55025
verbout@gmail.com
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| We are located on the 3rd floor of the ParkPlace Building (corner of Broadway & Lake), 25 No. Lake St. Suite 300, Forest Lake, MN 55025. |
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Maximum Taxable earnings in 2007-- $97,500
Maximum monthly benefit -- $2,116
Maximum monthly SSI benefit for individual -- $579
Maximum monthly SSI benefit for couples -- $869
Earnings required to earn a quarter of coverage -- $1000
Earnings before benefits are reduced (All earnings are taxable):
Age 62-64 -- $12,960 ($1,080/month)
Year individual reaches full retirement age 65 years 10 months -- $34,440($2,870/month)
Over age 65 years 10 months -- No Limit
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VerBout Services
