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Working in Retirement

Many Baby Boomers find themselves needing to work in retirement while receiving Social Security benefits in order to make ends meet. These may be those worst hit by the recent recession or those needing to keep busy to keep from going crazy. However, working in retirement could cause some unintended and unwelcome consequences concerning Social Security benefits. The biggest thing to look out for is hitting the taxable threshold for Social Security benefits. If you make over a certain amount while receiving benefits then your benefits are eligible to taxes. For more information on this subject visit this article with Seeking Alpha.

 

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.

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