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.
“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.