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| How does this work? If you begin a job, does it affect your benefits right away, or after you reach the $14,160 limit? |
Follow-Up Postings:
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| Right away since there are both monthly and yearly limits unless you are over 70. |
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| Your benefits aren't reduced at all if you're full retirement age. |
Here is a link that might be useful: SSA Publication No. 05-10069 - How Work Affects Your Benefits
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- Posted by hopefulboomer80207 (My Page) on Sun, Jul 4, 10 at 14:07
| Hi Mona, Thanks for that info. I can't seem to navigate through the SS website and was having concerns about how part time work would affect my benefits. This job market is making me consider early retirement. I was let go last year at the time of my 61st birthday. Unemployment has helped me make is so far but will run out in August. I had some addiional money coming in from a retirement account but foolishly used it to start a real estate business that failed thanks to this ugly economy. Now I'm facing living on SS income alone. I'm scared. Linda |
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