Reported 4 months ago
Retirement offers various approaches, but Social Security has important considerations for those working, especially in relation to the lesser-known rule discussed below. Starting with knowing your full retirement age and how it impacts benefits, the article explains how continuing to work while claiming Social Security benefits early can lead to reductions under the Social Security retirement earnings test (RET). The earnings limit generally changes annually, and while benefits may be temporarily reduced, they gradually get recalculated once you reach full retirement age to account for the withheld amount.
Source: YAHOO