Latest News
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.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.