The Social Security Earnings Test and how it could leave you strapped for cash
It may sound like a good way to boost your income: working and taking Social Security at the same time; however, this strategy can have unexpected costs. If you are under your full retirement age (FRA), the government may reduce your Social Security benefits if your income exceeds certain thresholds. The attached article explains the Social Security Earnings Test and how it could leave you strapped for cash if you don’t understand how it works. Read article here…
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