[20220111]IF12014_社会保障退休收入测试概述.pdf

https:/crsreports.congress.gov January 11, 2022Social Security Retirement Earnings Test OverviewBackground Social Security is a work-related, federal insurance program that provides monthly cash benefits to workers and their eligible family members in the event of the workers retirement, disability, or death. Social Security retirement benefits received between age 62 and the full retirement age (FRA)which falls between 65 and 67, depending on year of birthare generally subject to an actuarial reduction for early retirement and may also be reduced by the Retirement Earnings Test (RET) if the beneficiary has earnings that exceed an annual threshold. (The RET does not apply to Social Security disability beneficiaries.) The Social Security Administrations Office of the Chief Actuary (OCACT) estimated that about 520,000 beneficiaries below FRA (or about 11% of all beneficiaries below FRA) would have had their benefits reduced or completely withheld due to the RET in 2019. How Does the RET Work? Under the RET, a beneficiary who is below FRA and will not attain FRA during the calendar year is subject to a $1 reduction in benefits for every $2 of earnings above an annual exempt amount ($