How much income can you make if you take early social security retirement benefits at age 62 instead of 66?

Public Comments

1. It really doesn't matter how much income you make, you won't be penalize for it either way, unless you haven't met the full 40 credits yet. Taking social security at age 62 will be less than when you take it at 66. Social Security may or may not be taxable from a tax standpoint.
2. The attached leaflet from the SSA deals with the reduction in your SS if you work and are under 66.
3. If you are younger than full retirement age during all of 2009, SSA will deduct $1 from your benefits for each $2 you earned above $14,160. If you reach full retirement age during 2009, SSA will deduct $1 from your benefits for each $3 you earn above $37,680 until the month you reach full retirement
4. See http://www.ssa.gov/retire2/whileworking.htm for info. If you make over the limits specified, money will be deducted from your benefits.