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International Business Times UK
International Business Times UK
Business
Maybelyn B. Paden

Working While Claiming Social Security Early? The $65,160 Earnings Limit Could Shrink Monthly Cheques

Britons with US ties and dual nationals should know the $65,160 Social Security earnings limit that applies in the year they reach full retirement age (Credit: Background Image: Gagan Kaur/Pexels)

Britons with US ties and dual nationals planning to retire across the Atlantic face one crucial figure that could cut into their income: the $65,160 Social Security earnings limit in the year you reach full retirement age.

For anyone collecting benefits before hitting that milestone, working while on Social Security can trigger temporary withholdings. The impact on your monthly cheque depends heavily on how old you are when you claim.

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