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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.
Income Limits 2024. Income Limits 2025. Benefit Reductions. If you're under FRA. $22,320 per year. $23,400 per year. $1 for every $2 over the limit. If you'll reach your FRA this year
However, there's a different earnings-test limit for people who will be reaching full retirement age in 2025 but aren't there at the start of the year. That limit is $62,160, up from $59,520 in 2024.
Earnings Test Limit: 2025. Previous Earnings Test Limit: 2024. Benefit Reductions. If you will not reach your FRA in 2025. $23,400 per year. $22,320 per year. $1 reduction for every $2 over the limit
Earnings-test limit for those reaching FRA in 2025: If you'll hit FRA in 2025, the earnings-test limit is much higher. It jumps to $62,160. It jumps to $62,160. That's up from $59,520 in 2024.
In 2025, the maximum taxable earnings limit will increase to $176,100. Most workers pay 6.2% of their income, which means the maximum tax burden is $10,918.20. That exceeds the maximum tax burden ...
In this video, Matt Frankel, CFP®, discusses the newly announced 2025 Social Security earnings test limits, how it works, and what it means to you. The $ 22,924 Social Security bonus most ...
There are two RET limits: In 2025, the lower amount of $23,400 applies to anyone below FRA for the entire year, such that $1 in benefits will be withheld for every $2 in earnings above the limit ...