What Is the Social Security Earnings Limit?
The earnings limit, officially called the Retirement Earnings Test (RET), only applies if you’re collecting Social Security retirement benefits before you reach full retirement age (FRA) and you’re still earning income from work. Social Security was built to replace income for people who’ve mostly stopped working, so if you’re claiming early and still bringing in a paycheck, the SSA temporarily withholds part of your benefit once your earnings cross a certain threshold.
The key word is temporary. Any benefits withheld under this rule aren’t gone forever, they’re credited back to you later in the form of a permanently higher monthly payment once you reach full retirement age.
Thank you for the info I am 74 now its been a ruff couple of years. i work part time some times. to help with bills, But its ruff.
I am a double knee amputee. Thank you for soo for much for being
I have also lost my mother, and father and they having my food stamps away. Thank You.
I turn 67 in June of next year that’s when I plan to retire
i hit 657 in march of 2027, which ill start collectings. so this should not bother me correct.
I am on Ky Retirement with the state. I have gonr back to driving a school bus. Will my Ky retirement plan along with my social security hurt me