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Markets · Investing · Business
Finance
More Retirees Heading Back to Work: 4 Things to Consider Before You Un-Retire
While it makes sense why you might want to head back to work, there are several important issues to work through.
If you're retired and considering wading back into the workforce, it could be for any number of reasons. Maybe you need more income, miss the intellectual stimulation, or simply miss engaging with co-workers. Whatever your reason, you may want to consider four potential bumps in the road.
Image source: Getty Images.
Full retirement age (FRA) for anyone born in 1960 or later is 67. If you claimed Social Security benefits before reaching FRA, but now hope to add earned income to your monthly Social Security benefit, you may be in for an unpleasant surprise. That's because you'll be subject to an annual earnings test.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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