Social security

[Dirtrider]

I Believe that over 65 yrs old, there is no penalty for making over the set amount (around 19K per yr)

 

[towboater]

I Believe that over 65 yrs old, there is no penalty for making over the set amount (around 19K per yr)

That is true when u reach full retirement age which varies depending on the month and year u were born. In my case August of 56 made full retirement age 66 and 4 months. My first check hit the bank yesterday. Plus I work full time and gave my employer my 2 year notice

 

[RoamerRV428]

remember too that money we calculated in a way longer ago is not gonna carry us all that great either with massive price increasing and it will continue for a while to do just that.

I know we thought, WOW we got that amt of money per month to live? great......now, not so great at all truly. But everyone wiggles/jiggles and waggles their way thru what it takes for survival and live best they can on what they got and so individual how that goes down for each of us. Getting old ain't for any Sissy out there HAHA Getting old and finances is a tough test of us all.

 

[Gr8ful]

Here's a You Tube on SS earnings for 2023

 

[Zerpersande]

That is true when u reach full retirement age which varies depending on the month and year u were born.

Not if you are living outside the US, then they extend the date for full benefits. And if you are receiving social security benefits from another country your US benefits are reduced. I think mine are reduced in the 15-25% range. Don’t remember because it doesn’t matter, they tale it. Also don’t remember because my memory is failing.