Your job type and recent policy changes could boost your Social Security benefits. Working past Full Retirement Age and ...

In 2026, the special income rule ends and the Full Retirement Age rises to 67, affecting Social Security planning and benefits.

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.

The retirement earnings test caps the amount of income a beneficiary can earn without penalty while collecting Social Security before reaching full retirement age. In 2025, the agency withholds $1 ...

Beneficiaries of Social Security and Supplemental Security Income (SSI) received a cost-of-living adjustment (COLA) of 3.2% beginning January 2024. Benefits will increase again by 2.5% in 2025 .

If you have 21 to 29 years of substantial earnings, Social Security will reduce the 90% factor to between 45% and 85%. The maximum reduction in 2025 is $613 a month.

In 2024, Social Security considers your earnings substantial if you earn more than $1,550 per month (or $2,590 if you’re blind) over the following 36 months. These thresholds rise to $1,620 per ...

Social Security payments help support more than 50 million seniors, who often rely on the monthly checks as a substantial source of their retirement income. Read more: Learn About Different Types ...

For CSRS Offset retirees and employees who will have fewer than 30 years of substantial earnings covered by FICA taxes, it is possible that when the WEP is removed from their Social Security ...

The Social Security Fairness Act of 2023, also known as H.R. 82, amends Title II of the Social Security Act by repealing the Government Pension Offset (GPO), enacted in 1977, and the Windfall ...

As with so many things, the devil is in the details. For example, let’s say you are 63 years old and getting Social Security, and you take a part-time job that’s going to pay you $25,000 per year.

Managing Social Security benefits can be complicated, especially if you decide to retire in the middle of the year. And, let’s be honest, most retirees will not retire right on January 1st! If ...