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In 2024, the earnings-test limit is $22,320. However, if you'll be reaching full retirement age by the end of the year and aren't there yet, that limit is $59,520.
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 ...
How the retirement earnings test will affect your benefits. ... In 2024, that income would have been over the $59,520 annual limit, reducing your monthly payments. Starting in 2025, though, your ...
The test only applies to people who are below the normal retirement age, which ranges from 65 to 67 years old, depending on the person's year of birth.For beneficiaries working before the calendar year in which they reach the Normal Retirement Age, current benefits are reduced by $1 for every $2 in wages over the lower bracket amount.
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.
Employees pay 6.2 percent of their income, up to the maximum income limit ($168,600 in 2024), while your employer kicks in another 6.2 percent of your salary. If you’re self-employed, then you ...
In 2025, the earnings test limits for those who will reach full retirement age after the end of the year will be $1,950 per month, up from $1,860 in 2024. For earnings beyond that threshold, $1 in ...
Just be sure to keep your income to $23,400 in 2025 to avoid having a portion of your Social Security benefits withheld for exceeding the program’s earnings test exemption. What to read next