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If you retired early, you aren’t necessarily stuck with a bad claiming strategy - MarketWatch
It is unclear whether the pandemic-induced increase in retirement among older adults will be temporary or longer-lasting. However, if you decided to retire during the “Great Resignation” and started to receive your Social Security benefits early before your full retirement age, you know your benefits are reduced. The good news is that you can get Social Security and work. But, if you’re younger than full retirement age and earn more than a certain dollar amount, your Social Security benefits will be limited; however, those benefits are not truly lost. Your benefit will increase at your full retirement age to account for benefits withheld due to earlier earnings. Jim Blankenship explains how the Social Security earnings limit impacts your benefits. Read Mr. Blankenship’s article here…
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