If You're Working in Retirement, Beware the Social Security Earnings Test
Working in retirement can have a lot of financial and health benefits. But early retirees who want to supplement their Social Security benefits with some part-time wages need to be aware of an important caveat: If you're collecting benefits before you reach your full retirement age, the Social Security Administration (SSA) will reduce your monthly checks if your earnings exceed certain thresholds.
The Social Security earnings test is simple. If you earn below a threshold amount in one year, you pass the test. In your first year of retirement, the Social Security Administration will look at your monthly earnings to see if they're below the threshold rate. If so, you'll get your full retirement benefit for that month.
For 2022, the annual threshold is $19,560. That number gets bumped to $51,960 for the year in which you will reach full retirement age.
Source Fool.com