Which of the following statements concerning the reduction of Social Security benefits is (are) correct?

-1-Besides early retirement, there are two other situations in which beneficiaries can have their benefits reduced: through the retirement earnings limitations test and through the taxation of benefits.

-2-A person who has not reached full retirement age generally can continue to work even though he or she is considered "retired" under Social Security; however, those earnings for a person under normal retirement age must not exceed certain dollar limitations without an impact to their benefits.

1 only.

2 only.

Both 1 and 2.

Neither 1 nor 2.