Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Van Richards, ChFC®, RICP® and Van Richards. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Van Richards, ChFC®, RICP® and Van Richards or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Working and Earning While Collecting Social Security: 4 Shocking Facts About 2025 Rules

20:14
 
Share
 

Manage episode 502283182 series 2852122
Content provided by Van Richards, ChFC®, RICP® and Van Richards. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Van Richards, ChFC®, RICP® and Van Richards or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Are you working while collecting Social Security? You might be making costly mistakes without even knowing it.

In this essential episode of the Retirement Learning Lab, Van Richards breaks down the four most shocking facts about Social Security earnings limits that could save you thousands of dollars.

What you'll discover:

🔍 The biggest misconception: Withheld benefits aren't lost forever - they're actually credited back to you at full retirement age as a permanent benefit increase

💑 Marriage surprise: Your spouse's income doesn't count against your earnings limit (each person is evaluated individually)

📅 Hidden flexibility: The monthly earnings test option that can save mid-year retirees who've already exceeded annual limits

💰 Income that doesn't count: Investment income, pensions, IRA withdrawals, dividends, and capital gains won't trigger the earnings test

Critical 2025 numbers you need to know:

  • Under full retirement age all year: $23,400 annual limit
  • Reaching full retirement age in 2025: $62,160 annual limit
  • Monthly limits: $1,950 and $5,180 respectively

Van also covers the crucial difference between earnings limits and tax rules, why you should report your earnings proactively to Social Security, and special considerations for self-employed individuals.

Important note: This episode focuses solely on benefit payment rules, not taxation - which is an entirely different topic.

Whether you're 62 and considering when to claim Social Security, already collecting benefits, or thinking about returning to work in retirement, this episode provides the clarity you need to make confident decisions about your retirement income strategy.

Disclaimer: This content is for educational purposes only and does not constitute financial, legal, tax, or investment advice. Please consult with qualified professionals regarding your specific situation.


Tags:
social security, retirement planning, earnings limits, working in retirement, social security benefits, full retirement age, earnings test, retirement income, 2025 social security rules, van richards, retirement learning lab, financial education, social security strategy, retirement advice, personal finance

  continue reading

46 episodes

Artwork
iconShare
 
Manage episode 502283182 series 2852122
Content provided by Van Richards, ChFC®, RICP® and Van Richards. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Van Richards, ChFC®, RICP® and Van Richards or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Are you working while collecting Social Security? You might be making costly mistakes without even knowing it.

In this essential episode of the Retirement Learning Lab, Van Richards breaks down the four most shocking facts about Social Security earnings limits that could save you thousands of dollars.

What you'll discover:

🔍 The biggest misconception: Withheld benefits aren't lost forever - they're actually credited back to you at full retirement age as a permanent benefit increase

💑 Marriage surprise: Your spouse's income doesn't count against your earnings limit (each person is evaluated individually)

📅 Hidden flexibility: The monthly earnings test option that can save mid-year retirees who've already exceeded annual limits

💰 Income that doesn't count: Investment income, pensions, IRA withdrawals, dividends, and capital gains won't trigger the earnings test

Critical 2025 numbers you need to know:

  • Under full retirement age all year: $23,400 annual limit
  • Reaching full retirement age in 2025: $62,160 annual limit
  • Monthly limits: $1,950 and $5,180 respectively

Van also covers the crucial difference between earnings limits and tax rules, why you should report your earnings proactively to Social Security, and special considerations for self-employed individuals.

Important note: This episode focuses solely on benefit payment rules, not taxation - which is an entirely different topic.

Whether you're 62 and considering when to claim Social Security, already collecting benefits, or thinking about returning to work in retirement, this episode provides the clarity you need to make confident decisions about your retirement income strategy.

Disclaimer: This content is for educational purposes only and does not constitute financial, legal, tax, or investment advice. Please consult with qualified professionals regarding your specific situation.


Tags:
social security, retirement planning, earnings limits, working in retirement, social security benefits, full retirement age, earnings test, retirement income, 2025 social security rules, van richards, retirement learning lab, financial education, social security strategy, retirement advice, personal finance

  continue reading

46 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play