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The Social Security earnings test withholds benefits from workers under their FRA who claim checks while earning an income over a certain threshold. In 2024, you lose $1 for every $2 you earn over ...
For 2025, the maximum taxable earnings for Social Security, formally known as the contribution and benefit base, is rising to $176,100. ... $1 in benefits will be withheld for every $2 in excess ...
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.
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.
But while the program's rules are shifting in 2025, ... Social Security's earnings-test limits apply to beneficiaries who haven't yet reached their full retirement age and are earning money from a ...
The earnings test does not apply if a person is at or beyond the normal retirement age, is under the normal retirement age but has disability payments, or is living outside of the United States and working in a job that is not covered by Social Security. [2]
Technically, the Social Security Administration first applied the 2.5% cost-of-living adjustment (COLA) to the December 2024 benefit. 5 2025 Social Security Rules That Take Effect Today Skip to ...
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 ...