The Social Security Earnings Test Trap for Early Claimers

Episode 26 of Retirement Planning with Fexingo. Lucas and Luna dissect the Social Security earnings test — the rule that reduces benefits if you claim before full retirement age and still work. They walk through a concrete example: a 63-year-old earning $60,000 who claims early, triggering a $1-for-$2 benefit reduction on earnings above the annual limit. They explain how benefits are recalculated later, why many retirees fear the test unnecessarily, and the specific income thresholds for 2026. The episode includes a listener donation segment. No prior episode covered this specific rule's mechanics and behavioral impact. #SocialSecurity #EarningsTest #EarlyRetirement #FullRetirementAge #BenefitReduction #RetirementPlanning #Finance #FexingoBusiness #BusinessPodcast #RetirementIncome #ClaimingStrategy #SocialSecurityAdministration #WorkAndBenefits #TaxPlanning #RetirementTips #FinancialLiteracy #SocialSecurityBenefits #Retirees Keep every episode free: buymeacoffee.com/fexingo