✉news BusinessPersonal Finance first seen 7 h ago, last 3 h ago, peak #15
Social Security Earnings Limit of $65,160 Explained
Original: The $65,160 Social Security Earnings Limit That Only Applies the Year You Reach Full Retirement Age
A specific Social Security earnings limit of $65,160 applies only to people in the year they reach full retirement age. Under the retirement earnings test, those below full retirement age who claim benefits while still working can have benefits withheld above annual income thresholds, with a higher limit applying in the year they hit full retirement age. The rule often surprises retirees planning to work while collecting benefits.
Why now: Retirees approaching full retirement age are checking how working affects their benefits under current limits.
Social Security Administration
Evidence
- The $65,160 Social Security Earnings Limit That Only Applies the Year You Reach Full Retirement Age · 24/7 Wall St.
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