From Yahoo Finance: 2025-04-12 06:08:00

Many seniors continue working while collecting Social Security benefits to supplement their income. Working can help reduce financial stress and provide a routine and social outlet. However, be aware that there’s an earnings-test limit that could impact your benefits if you earn too much before full retirement age.

If you exceed the earnings-test limit, your Social Security benefits could be withheld. This reduction is permanent if you claim benefits before full retirement age. It’s essential to balance work and benefits to avoid long-term consequences. Consider part-time work to enjoy the benefits of both income and social engagement in retirement.

To maximize your Social Security benefits and retirement income, consider strategies to boost your savings. Learning about “Social Security secrets” could help you secure a more comfortable retirement. By understanding how to optimize your benefits, you can retire with confidence and peace of mind. Join Stock Advisor to explore these strategies further.

Read more: Working While on Social Security? 3 Pros and 1 Very Big Con to Know About.