Retirement Made Simple
Retirement Made Simple
Kevin Lum
Social Security Benefits While Working (Updated for 2023)
10 minutes Posted Aug 12, 2023 at 12:00 am.
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Show notes

In this episode, we explore the complexities of earning an income and receiving social security benefits.

Key points covered in this episode:
-Case Study: A real-life scenario where a prospect's social security payments were abruptly stopped, leading to confusion and concern.
-Understanding Social Security: An in-depth look at the intricacies of claiming social security benefits while working a part-time or full-time job.
-Earnings Thresholds: Discussion on the various income thresholds and the penalties that apply when you exceed them.
-Q&A Segment: Answers to commonly asked questions about retirement planning, including the impact of a working spouse on your social security benefits, and whether or not you need to report your income to the Social Security Administration.
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