Some Retirees Could Earn Almost $2,000 More Next Year Without Losing Social Security Benefits
If you're receiving Social Security benefits and are thinking about working, you could end up forfeiting some of those benefits -- at least temporarily -- if you take a job.
This doesn't happen to every retiree who works while collecting benefits. If you're above full retirement age (which is between 66 and 67), you can work as much as you want with no effect on your checks. But if you're under FRA and you earn too much, you could very well find yourself getting less money from Social Security, or even none at all.
The good news is, if you're thinking about working next year, you can earn a little more in 2021 without your benefits being affected. In fact, some retirees could earn close to $2,000 more over the course of the year. Here's why.
Source Fool.com
