Working While on Social Security? Here's How It Will Affect Your Benefits
It's becoming more and more common for older adults to continue working past the traditional retirement age. In fact, around 49% of baby boomers say they expect to keep working past age 70 or never retire at all, according to a 2023 report from the Transamerica Center for Retirement Studies.
If you file for Social Security and continue to work, it could affect your benefits. Your payments could be reduced by hundreds of dollars per month, and in some cases, they may be withheld altogether. Here's what you need to know.
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Source Fool.com
