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You've decided that 2025 is the year you're finally going to claim Social Security. The government bases your Social Security benefits on your income during your working years and your age at sign-up.
Read on to see if you qualify for Social Security's biggest possible paycheck in 2025. A pen laying on top of a Social Security card with a $100 bill and glasses. Image source: Getty Images.
You either don't have enough Social Security credits to qualify for a benefit on your own, or your expected benefit at full retirement age would be less than half of your spouse's.
In order to qualify for Social Security benefits, you need to accrue 40 credits, if you were born after Jan. 2, 1929. To earn one credit in 2024, you must have wages and self-employment income of ...
Up to half of your Social Security benefits might be taxable if your provisional income is $25,000 to $34,000 for single filers, or $32,000 to $44,000 for joint filers.
Retirement income does not count as income for Social Security and won’t affect your benefit amount. Specifically, the Social Security Administration excludes the following from income: Pension ...
To qualify for Social Security as a retiree, you need to earn 40 work credits in your lifetime, at a maximum of four credits per year. In 2025, a single work credit is worth $1,810, up from $1,730 ...
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 ...