Earnings Test

Starting Benefits Mid-year but Over the Monthly-Limit

The AMAC Foundation’s Social Security Advisory Service is receiving quite a few inquiries from folks looking to start their benefits early, especially when one spouse loses their employment and the other spouse is a low-earner. The low-earning spouse needs to continue working, and…

Can Your the Value of Your Social Security Benefits Decrease?

Well, yes, and there are several ways that this could happen. As outlined in an article by Selena Maranjian posted on missoulian.com, there are two scenarios under which benefits could be impacted negatively, with the first being the result of the “earnings test”…

More on the Social Security Earnings Test

In a post on www.forbes.com, Laurence Kotlikoff provides a detailed explanation of the Social Security earnings test and how it impacts the benefits of those who choose to continue employment after filing for benefits. His post also addresses questions on an assortment…

Your Social Security Benefits Can Be Less Than You Expect

It may come as a surprise (or a shock!) to some that the dollars they expect to be winding up in their hands from Social Security may not be as great as they thought. It could be the taxation issue, or…

For Those Planning to File Early and Continue Working…

You’ve seen the statistics on the absence of adequate savings among those aging into their retirement years, and you may be in that category and planning to continue working as a way around the problem. If so, you need to…

Details You Need to Know About Social Security

Folks doing their research on when to file for Social Security benefits face an avalanche of information that, if not understood well, can lead to a long-term loss of benefits or a short-term surprise. The Chicago Financial Planner’s Roger Wohlner provides…

Social Security’s Infamous “Earnings Test”

Investment News Contributing Editor Mary Beth Franklin, in a post on www.investmentnews.com, takes an in-depth look at one of the components of Social Security that surprises–and causes some level of heartburn for–folks planning to retire before their full retirement age and…

Some Quick Pointers on Social Security

The CheatSheet’s Karen Bennett, posting on their :Money & Career page, provides a snapshot of some basic Social Security parameters. Her items range from taxation of benefits to the nagging solvency issue, with some important details in between. Read her post…

2017 Earnings Test Increases Will Benefit Many

Social Security beneficiaries drawing benefits while remaining employed received some good news in the SSA’s list of 2017 program changes. The “earnings test”–the limits beyond which monthly benefits are reduced–have been set to advance by 7.6%, from $15,720 to $16,920. The…

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