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Markets · Investing · Business
Finance
What Happens When Social Security Takes Your Benefits Because You Work Too Much?
Working can cause you to temporarily forfeit some benefits, but you get the money back eventually.
Many people who claim Social Security do so because they've retired and they're ready to stop working. In some cases, however, you may want to double-dip and both work and collect benefits.
The problem is, if you try to do that before you've reached your full retirement age (FRA), your work could affect the amount of Social Security you actually get to bring home. Here's what you need to know about the rules before you start applying for jobs while getting your benefits.
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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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