2025 Social Security Earnings Test Limits

You can work and collect Social Security at the same time, but in some cases, some or all of your benefits can be withheld if you earn more than a certain amount. 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.

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A portion of this video is sponsored by The Motley Fool.

#socialsecuritybenefit #retirement #socialsecurityupdate #socialsecurity

[michaelvitale]

Great vid by the way. Short. Concise.

[michaelvitale]

I made much more than the 2024 earnings limit. I still have no idea why this rule exists.

[TheTruth-miyh]

THANK YOU!!! You've explained this better than anyone on social media! They all confused the hell out of me😅 but to hear you explain it, it was quite simple 😅

It's a proven fact, that not everyone can teach, but you my friend are way above that rule 👏 👍 😊

[twoknuckles]

What if you make $100k at 62, that's 76.6k over the limit, will they with hold all your SS money?

[sssscurls]

If I retire in June 2025 under FRA. Quitting my job. Is the income I made before June counted in the earnings limit? Or just what I make July-December?

[crfzlzi]

I’ll be 62 in a month, retired from the military and the federal gov’t, and will start collecting my SS. I also have a gov’t TSP that will be viewed as income when I start withdrawing. Am I safe from this cap if I wait to withdraw more than $23k when I turn 67?

[Mycrazyworld-wu]

If I earn $100 over the limit for one month only will SS deduct from my SS check forever or just until the $100 is paid ?

[RandyCunninghamSaphrebluez]

Social Security doesn't always take the full amount if you go over, they deduct a certain amount from your check each month until the full amount is paid to date, I know this because it has happened to me

[nancygreces]

Does the earned income include pension from prior job and 401k