1 in 8 adults lack full knowledge of their Social Security retirement eligibility, survey finds.

1 in 8 adults are unaware of their full Social Security retirement eligibility, per the Nationwide Retirement Institute's 2023 survey. Many misunderstand how Social Security works, including the fact that working before full retirement age can lead to reduced benefits if income exceeds a specific threshold. Financial planners highlight these topics as being frequently misunderstood.