Claiming Social Security before full retirement age and continuing to work triggers temporary benefit withholding once earnings cross an annual limit.
How it works
Under FRA all year, $1 is withheld per $2 earned over the lower 2026 limit ($24,480). In the months before reaching FRA during the year, $1 is withheld per $3 earned over the higher 2026 limit ($65,160). At or after FRA, no withholding applies.
What this does not include
This does not include the fact that withheld benefits aren’t lost forever — the SSA recalculates your benefit at full retirement age to credit back months that were reduced or withheld for this reason.
How to use this calculator
- Enter annual earnings and your FRA status this year.
Frequently asked questions
Does the earnings test count investment income?
No — it only counts wages and net self-employment income, not pensions, investment income, interest, or annuities.
Do I get the withheld money back eventually?
Yes — at full retirement age, the SSA recalculates your benefit amount to give credit for months benefits were withheld under this test.
Why does the limit change in the year I reach FRA?
The SSA applies a more generous, higher limit and a gentler withholding rate specifically for the months leading up to your FRA birthday, recognizing you’re close to the point where the test stops applying entirely.
