1 Surprising Way You Could Lose Out on Social Security in 2026

Core Insights - Working during retirement can enhance senior income and compensate for insufficient savings or low retirement account balances [1] - Individuals collecting Social Security can work simultaneously, but must adhere to specific rules to avoid benefit withholding [1][8] Social Security Earnings Test - Upon reaching full retirement age, individuals can earn unlimited income without affecting Social Security benefits [3] - For those under full retirement age, an earnings test applies: $1 in benefits is withheld for every $2 earned above $24,480, or $1 for every $3 earned above $65,160 if reaching full retirement age later in the year [4] - Benefits withheld due to exceeding earnings limits are not permanently lost; they are recalculated and paid back after reaching full retirement age [4] Retirement Income Strategies - Many retirees overlook potential additional income from Social Security, with strategies that could yield up to $23,760 more annually [6] - Understanding and maximizing Social Security benefits can lead to greater financial security in retirement [6][8]