Here Are the 2022 Social Security Earnings-Test Limits
One decision many older Americans struggle with is when to file for Social Security. If you claim benefits too early, you might reduce them on a permanent basis. But if you wait too long to sign up for benefits, you'll risk getting less money in your lifetime if you wind up passing away at a young age.
If you're still working, the decision to claim benefits can be even trickier. That's because there are rules you'll need to take into account that could impact your benefits.
Each year, Social Security imposes what's known as an earnings test for workers who earn money from a job but also collect benefits. Income that exceeds the earnings test limit could result in withheld benefits, so it's important to know what those thresholds look like. Here's what seniors need to know for 2022.
Source Fool.com