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To: KyCats

I think you can earn up to $17,000 a year and it does not impact SS payment.

Lot’s of 62 year old’s take SS and then work part time job.


29 posted on 05/16/2020 10:30:46 AM PDT by LeonardFMason (Lou Dobbs)
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To: LeonardFMason

“Lot’s of 62 year old’s take SS and then work part time job.”

I think it is now $18,000/year max. I asked my financial advisor about this. He said that you can do that but you must be VERY careful not to go over $18,000 because if you go over it is not just a little “tax” on the amount you went over...the PUNISH you brutally and have to pay a big penalty. He said that almost everyone that he know who attempted to stay under $18,000 did not do it and regretted it later.

I am no expert so I can’t verify this...but so far the guy hasn’t steered me wrong with the investments. And sometimes I get unexpected bonuses that could push me over the $18,000 mark. So I don’t want to take a chance.


66 posted on 05/16/2020 1:32:41 PM PDT by RouxStir (No peein' in the gene pool.)
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