If you’re retired and still working you better watch your back. Don’t think everything is fine and dandy with you receiving Social Security benefits and a healthy paycheck. If this statement appeals to you, then part or all of your social security benefits could be temporary withheld.
You can fully retire when you’re 66. But if you’re younger, you can still earn about $15,000 without it affecting your Social Security benefits.
Elaine Floyd, a director of retirement and life planning, has this to say, “For people who did file at 62 and regret the decision, the way to make up for that is to, if possible, go back to work and have your benefit withheld. If you work and if your benefit is withheld, it will be recalculated at full retirement age to give you back the reduction that was deducted.”
Want to read more? Be sure to visit Yahoo News.
So, tell us (and remain anonymous)…are you retired and collecting Social Security benefits? Do you face any worries?
Kenneth G. Marks is an aggressive Social Security Disability attorney who will fight for you!
300 Spectrum Center Drive, Suite 1550
Irvine, California, 92618
Phone: 949.748.6470, Fax: 949.748.6474
Please let the Law Offices of Kenneth G. Marks know how we can help, fill out the form below and we will contact you.
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