Q & A
Is It True That I Can Completely Avoid the Earnings Test at 65 and Two Days?
Full Question: I have been told that I can earn unlimited income two days after my 65th birthday. I’m skeptical. Exactly when can someone earn unlimited income and not be penalized by Social Security?
Answer: The first day of the month in which you reach full retirement age. But that’s age 66, not age 65, for workers born between 1943 and 1954 as you can see in this full chart.
Source: Laurence Kotlikoff, Forbes Contributor - 10/25/2014
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