2024 Social Security Limits In India

2024 Social Security Limits In India. The same annual limit also. People under full retirement age can earn up to $21,240 in 2023 while on social security without penalty.

The maximum benefit for a worker who claims social security at full retirement age (fra) in 2024 will be $3,822 a month, up from $3,627 in 2023. India is expected to introduce a social security fund aimed at benefitting workers in the unorganised sector, as well as gig and platform workers in the upcoming budget, reported the economic times.