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QUESTION:
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59 on medical | | At 59, my friend is a cancer survivor recently fell and broke her hip. I understand the company she works is going to medical retire her. In time, I am sure she can still do some part time work. How much money can she earn in this situation? |  | asked by Hello, 1/20/2012 |
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Categories:
Work and Retirement
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| ANSWERS: | | Answered by: HECM Saver, 01/25/12
Overall Rating:  Be the first to rate it. | Hi,
If your question pertains to income limits to receive social security benefits you can find more information here: http://www.ssa.gov/pubs/10069.html
From this page:
"How much can you earn and still get benefits?
If you were born January 2, 1943, through January 1, 1955, then your full retirement age for retirement insurance benefits is 66. If you work and are full retirement age or older, you may keep all of your benefits, no matter how much you earn. If you are younger than full retirement age, there is a limit to how much you can earn and still receive full Social Security benefits. If you are younger than full retirement age during all of 2011, we must deduct $1 from your benefits for each $2 you earned above $14,160."
Please note this applies to retirement benefits. Your friend should check with the Social Security Administration to see if it also applies to Social Security Disability payments.
Good luck! Login to rate this answer: |
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