Comments - Social Security Retirement Planning - GoHaynesvilleShale.com2024-03-29T05:26:43Zhttps://gohaynesvilleshale.com/profiles/comment/feed?attachedTo=2117179%3ABlogPost%3A453034&xn_auth=noThanks, that helps a lot.tag:gohaynesvilleshale.com,2009-02-17:2117179:Comment:4547172009-02-17T02:25:11.063ZSandstonehttps://gohaynesvilleshale.com/profile/sandstone
Thanks, that helps a lot.
Thanks, that helps a lot. The example given on the SS w…tag:gohaynesvilleshale.com,2009-02-16:2117179:Comment:4539482009-02-16T21:24:05.218ZJoe Bairdhttps://gohaynesvilleshale.com/profile/JoeBaird
The example given on the SS web site is this. You work and earn $22160 ($8000 over the $14160 limit) The benefit on the example would be a full retirement benefit of $1076 per month. Starting early at 62 the benefit would be cut to $800 per month (about a 25% reduction). For 5 months, $4000 would be withheld. Each year you would receive SS benefits of $5600 ($9600 - $4000). You would receive $22400 in benefits by the time you reach full retirement age. At that time the recalculation would…
The example given on the SS web site is this. You work and earn $22160 ($8000 over the $14160 limit) The benefit on the example would be a full retirement benefit of $1076 per month. Starting early at 62 the benefit would be cut to $800 per month (about a 25% reduction). For 5 months, $4000 would be withheld. Each year you would receive SS benefits of $5600 ($9600 - $4000). You would receive $22400 in benefits by the time you reach full retirement age. At that time the recalculation would increase the retirement benefit from $800/mon to $895/mon. I think the math is correct but you can go the web site and put your actual numbers in to calculate the benefits If you take option 3, what pe…tag:gohaynesvilleshale.com,2009-02-16:2117179:Comment:4531432009-02-16T17:26:10.527ZSandstonehttps://gohaynesvilleshale.com/profile/sandstone
If you take option 3, what percentage is your benefit reduced at age 62? and could you please give an example of the dollar amounts if you make over the $14,160?<br />
Thanks for the post..
If you take option 3, what percentage is your benefit reduced at age 62? and could you please give an example of the dollar amounts if you make over the $14,160?<br />
Thanks for the post..