If you are under full retirement age for the entire year, SSA will deduct $1 from your benefit payments for every $2 you earn above the annual limit. For 2021, that limit is $18,960.
In the year you reach full retirement age, SSA will deduct $1 in benefits for every $3 you earn above a different limit. In 2021, this limit on your earnings is $50,520.
When you reach full retirement age, your earnings no longer reduce your benefits, no matter how much you earn.
SSA gives some great examples at https://www.ssa.gov/benefits/retirement/planner/whileworking.html
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