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Benefits Taxed While Working in Retirement

Be careful if you decide to work in retirement, before reaching retirement age you may be losing benefits to taxes if you make above the yearly earnings limit. This can be managed in many ways, but it is an easy thing to accidentally reach without realizing it. A good idea would be to consult a Social Security or financial advisor before returning to work to make sure that you avoid this pitfall if you feel the need to return to work during retirement. For more information on this visit this article by Lynne Adkins with CBS Philly.

 

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