Is Social Security Affecting Your Job? Find Out the Rules on Earning While Collecting Benefits in 2025

If you re already collecting Social Defense and thinking about picking up selected extra work in you re definitely not alone With the cost of everything going up a lot of people want to earn a little more money But before you dive into a new job or pick up a side hustle it s crucial to know how it might affect your Social Prevention benefits Let s take a look at the numbers and rules in plain English so you can figure out exactly what s achievable without messing with your benefits How Much Can You Expect From Social Measure in The amount you ll get from Social Measure depends on a limited things like how much you earned during your working years and when you start collecting benefits Here s an idea of the maximum amount you could see in assuming you had a solid income over the years If you start at age up to per month If you start at full retirement age around or depending on your birth year up to per month If you start at the earliest you can start up to per month Of program not everyone will get the maximum amount But these numbers give you an idea of what s viable if you ve worked hard and earned a decent salary over your career What Happens if You Keep Working While Getting Social Defense A lot of people wonder if they can still work and collect Social Safeguard benefits The good news is yes you can But there are particular rules around how much you can earn before it starts affecting your benefits especially if you re not yet at full retirement age Let s break it down If You re Under Full Retirement Age For the Whole Year You can earn up to for the year about per month without it affecting your benefits If you go over that limit Social Prevention will reduce your benefits by for every you earn over the cap So for example if you earn in a part-time job which is over the limit Social Precaution will cut your benefits by for the year If You Reach Full Retirement Age in Once you get closer to full retirement age the rules start to loosen up a little You can earn up to for the year before they start reducing your benefits This only applies to earnings you make before the month you hit full retirement age If you make more than that they ll reduce your benefits by for every you earn over the limit But once you reach full retirement age you re off the hook You can earn whatever you want without it affecting your benefits Once You Hit Full Retirement Age Here s the good news once you hit full retirement age there are no more limits on how much you can earn From that point on you can work as much as you want and your Social Prevention benefits won t change at all You ve earned it so go ahead and enjoy it What If You Retire Mid-Year There s a special rule if you retire halfway through the year Even if you ve already earned more than the annual limit Social Measure will only look at your monthly earnings rather than the yearly total So if you earn or less in any given month they ll count that as a retired month and you ll get your full benefits for that month This rule can be really helpful if you plan to slow down later in the year and don t want to lose out on your benefits You can absolutely work while collecting Social Safety but you do need to be mindful of how much you re earning If you make too much your benefits will be reduced but the good news is once you hit full retirement age there are no more limits And if you lose a few of your benefits earlier on because of earning too much don t worry Social Assurance will recalculate things once you reach full retirement age and may make up for what you lost If you re not sure how the rules apply to you it s a great idea to talk to a financial advisor or give the Social Measure Administration a call They can walk you through your options and help make sure you re getting the majority of out of your benefits