Earnings Test Simulator

See how much of your Social Security SSA holds back if you claim before full retirement age and keep working, how much comes back as a larger benefit later, and whether waiting to claim does better.

Work and claiming

$
$

Withheld before full retirement age

$71,040

40 months of checks

Benefit from full retirement age

$2,311

Up from $1,820, as if claimed at 65 and 4 mo

Waiting to claim at 66

+$15,498

Expected lifetime difference; ahead from 74

Claiming while working

Monthly benefit claimed at 62$1,820
Full retirement age67
Expected lifetime benefits$530,419
Waiting instead: $2,426 a month$545,917

Year by year until full retirement age

AgeEarnings countedLimitOver the limitBenefits dueWithheldMonths heldPaid
62$60,000$24,480$35,520$21,840$17,76010$4,080
63$60,000$24,480$35,520$21,840$17,76010$4,080
64$60,000$24,480$35,520$21,840$17,76010$4,080
65$60,000$24,480$35,520$21,840$17,76010$4,080
66$0$24,480$0$21,840$00$21,840

Total collected by age

How it works

The limits. In 2026, SSA withholds $1 for every $2 earned over $24,480 in years before the one you reach full retirement age, and $1 for every $3 over $65,160 of earnings in the months before full retirement age that year. From full retirement age on, there is no limit.

How it's withheld. SSA holds back whole monthly checks, starting in January, until it has covered the amount owed, then pays any excess back. The table shows the amount owed and the whole months it takes.

Getting it back. At full retirement age SSA recomputes the benefit as if you had claimed later by the number of months it withheld, so withheld months raise every check after that.

Simplifications. Plan years run birthday to birthday, as if born in January. Earnings and limits stay in today's dollars. The first-year monthly test for months with no work isn't modeled.