Many people who claim Social Security do so because they've retired and they're ready to stop working. In some cases, however, you may want to double-dip and both work and collect benefits.
The problem is, if you try to do that before you've reached your full retirement age (FRA), your work could affect the amount of Social Security you actually get to bring home. Here's what you need to know about the rules before you start applying for jobs while getting your benefits.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The first thing to know is that work rules change after full retirement age. Post-FRA, you can work as much as you want, and you still get the full amount of your Social Security benefits.
In fact, if you are working and earn more than you did earlier in your career (on an inflation-adjusted basis), you could end up increasing your benefit.
#benefits #working
The problem is, if you try to do that before you've reached your full retirement age (FRA), your work could affect the amount of Social Security you actually get to bring home. Here's what you need to know about the rules before you start applying for jobs while getting your benefits.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The first thing to know is that work rules change after full retirement age. Post-FRA, you can work as much as you want, and you still get the full amount of your Social Security benefits.
In fact, if you are working and earn more than you did earlier in your career (on an inflation-adjusted basis), you could end up increasing your benefit.
#benefits #working
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