#earnings-limit-consequences

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Retirement
from24/7 Wall St.
2 days ago

There Is A Social Security Change in 2026 That Could Cost Retirees Thousands If They're Not Prepared

Claiming Social Security at 62 instead of 67 permanently reduces monthly benefits by 30%, costing $144,000 over 20 years, while earnings limits and COLA adjustments compound the financial impact for early claimers.
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