QUESTION:

Early Retirement and working

I am 62 and took early retirement. I have taken a job that started a week ago and want to know how much i am allowed to earn montly or annually. Do i need to do the monthly test. If so what is it? CC
asked by CuriousCat, 12/8/2008
Categories: Work and Retirement, Jobs for Retirees, Early Retirement
ANSWERS:
Answered by: Editorial, 12/15/08
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Since you started your Social Security benefits before your maximum retirement age, your earnings will be impacted.

Learn more about how your benefits would be affected if you work and are taking benefits before your "Full Retirement Age," visit: http://www.socialsecurity.gov/retire2/whileworking.htm

If you would like more information about the many benefits of working when you are of retirement age, continue here: http://www.newretirement.com/Services/Working_In_Retirement_Reasons.aspx

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