Still Working in Retirement? Social Security’s 2026 Limits Could Crush You

Core Insights - Many retirees face financial struggles due to insufficient savings to supplement Social Security, making continued work a viable option [2][3] - Working during retirement can help combat boredom and isolation, providing social interaction and structure [3] Social Security and Work - Understanding the impact of working on Social Security benefits is crucial for retirees [4] - Full retirement age (FRA) is 67 for those born in 1960 or later, allowing unlimited earnings without affecting benefits [5] - For those not yet at FRA, an earnings limit applies; in 2026, the limit is $24,480, with benefits withheld at a rate of $1 for every $2 earned over this threshold [6] - If reaching FRA in 2026, the earnings limit increases to $65,160, with benefits withheld at a rate of $1 for every $3 earned over this amount [7] Withheld Benefits - Withheld Social Security benefits are not permanently lost; they are recalculated and increased once the retiree reaches FRA [8]