I realize you have a question about social security. My goal is to provide you with excellent service, and help you better understand your options.
What type of benefit are you on, and what is your age?
If you are age 66 or older and are drawing a regular retirement benefit, you can earn an unlimited amount and still draw your full benefit. Your current work will give you credit for social security, and if it's one of your highest 30 years of earnings you will see a slight increase in your benefits.
If you are disabled, you can earn $750 per month or less. If you earn over that, you can earn an unlimited amount for 9 months then $1,040 per month for 36 months after that. If you surpass that limit, you will not get a benefit that month.
Then, you can earn $15,120 per year and not have a reduction in benefit
If you earn over that, your benefit will be reduced $1 for every $2
Yes, I understand that. You can earn $15,120 per year and not have a reduction in your benefits. If you earn above that, you will reduce your benefit $1 for every $2
If it's not one of your top 30 years, your benefits will not be impacted by the work.
Everyone must pay social security tax, unfortunately
I'm truly sorry if this is not favorable to your situation. Unfortunately, the benefits you receive are calculated based on your highest 30 years of earnings. I wish I could tell you differently
Yes, if your benefit is reduced, it will go back to what you are currently drawing when you no longer work.
Do you have any further questions? I'm truly sorry if this is not favorable to your situation.
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