SSA Earnings Test Used to Determine If Benefits Should Be Reduced

Money; SSA Earnings Test may result in lower benefit payments
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AARP explains how the Social Security Administration (SSA) enacts the earnings test amongst Social Security beneficiaries. According to the article, those under the full retirement age are subject to the test which can affect any benefits the individual receives.

The earnings test helps the SSA determine how much they reduce an individual’s benefits due to other earnings. This reduction begins after an individual earns more than the income threshold, a total of $18,960 for 2021.

Senior citizens deserve all money they earned, and that is why we call for the passage of The Senior Citizens Bill of Rights.

This groundbreaking piece of legislation ensures senior citizens receive the benefits they are entitled to, allowing them more financial security. For more information on how we are fighting to help senior citizens gain the respect and financial protection they deserve, visit our page here.

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