WARNING: Working After Retirement Can Hurt Income

working after retirement
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Even after you retire, working to earn extra income is still an option. However, there are certain limits that all retirees should remain aware of. Continuing to work after claiming benefits can reduce the amount received; this is especially true for those who have yet to reach full retirement age.

More specifically, those who continue working and earn more than $19,560 will have $1 withheld for every $2 earned above the limit.

Senior Security Alliance agrees with the majority of seniors—it is unfair for seniors’ hard-earned benefit payments to be taken away. That is why we are working towards change. Find out more by following us on Facebook and Twitter.

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