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The average spouse of a retired worker collects around $909 per month from Social Security, as of November 2024. That amounts to a raise of around $23 per month.
For every $2 you make over the limit, $1 will be deducted from your Social Security benefits. The year you reach full retirement age, the limit switches to $51,960, and $1 is deducted for every $3 ...
Image source: Getty Images. 1. Working while collecting benefits. If you continue to work while collecting Social Security, there are two potential effects on your retirement benefits.
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...
If you’re before full retirement age: Those earning more than the earnings limit ($22,320 for 2023) will have $1 withheld from their Social Security benefit for every $2 earned above the limit.
How Social Security benefits work. Social Security is a federal retirement insurance program. Most people who have worked and paid taxes in the U.S. for more than 10 years are eligible for Social ...
Applying for and receiving spousal benefits is a great way to boost your own Social Security monthly benefit -- sometimes by as much as $800. Even if you never worked, you're eligible for Social...