Benefits Than You News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Getty Images
A big reason experts advise waiting until at least full retirement age to claim Social Security: You get to skip
the Social Security benefits earnings test, which hits early claimers who are still working. But there are actually two earnings tests–an annual test and a monthly test–and the second one can help early retirees leaving work midyear avoid the trap.
Here are five things you need to know about the two Social Security earnings tests.
1 of 5
Getty Images
The Social Security Administration always applies the annual earnings test first. Based on that test,
the agency temporarily withholds $1 of a worker s benefits for every $2 earned over $18,960 for 2021. In a year the worker hits full retirement age, the test is more generous–the worker forfeits $1 in benefits for every $3 in 2021 earnings above $50,520. ....

United States , Jim Blair , Security Administration , Social Security , Security Earnings Test , Social Security Administration , Premier Social Security Consulting , Social Security Monthly Earnings Test , Benefits Lost , Social Security Earnings , Receiving More , Benefits Than You , ஒன்றுபட்டது மாநிலங்களில் , ஜிம் பிளேயர் , சமூக பாதுகாப்பு , ப்ரிமியர் சமூக பாதுகாப்பு ஆலோசனை , பெறுதல் மேலும் ,