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In 2025, the so-called income test limit rises from $22,320 to $23,400. After that, the SSA deducts $1 of benefits for every $2 earned over that income threshold.
CPI-W inflation increased 2.5% in the third quarter of 2024, so Social Security benefits received a 3.2% COLA in 2025. The following chart shows how much additional monthly income, on average ...
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.
The increase in 2025 will perhaps have the biggest impact on those earning between $168,600 and $176,100 per year, as you'll face Social Security tax on income that wasn't previously taxed in 2024.
But Social Security's Trustees estimate the lower limit will increase to $23,280 (up from $22,320) and the upper limit will increase to $61,800 (up from $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 ...
Social Security benefits will get a cost-of-living adjustment to account for inflation in 2025 Nationwide Retirement Institute reports that 66% of surveyed adults incorrectly agreed with this ...
Social Security's taxable earnings limit will increase, so some workers will pay more taxes on their income in 2025. The 2024 Social Security Survey from Nationwide Retirement Institute identified ...