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The current threshold of how much you can work without it impacting your benefits is $15,120. The 2014 earnings limit will be announced later on this year...but shouldn't be too much more than that.
If you earn over $15,120 your benefits will be reduced $1 for every $2
So in January of 2015 we will have no reduction and receive full benefit?
How old will you be in January of 2015? No reduction will take place after you reach full retirement age of 66
Yes, you will still have reductions if you continue to work in 2015
So if we stop working in March and May, but earn over 15,120 each before we stop working we could still have our benefit reduced? In other words, we do not intend to work after we retire.
No, in the first year there is a special rule
You receive your benefit each month that you do not earn over $1,200
Do you have any further questions?
no...thank you so much?
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