Title | : | Working while Receiving Social Security |
Lasting | : | 14.21 |
Date of publication | : | |
Views | : | 1,2 jt |
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Professional Social Security Analysis and Strategy Report || FOR MORE INFO wwwsocialsecuritylanecom/ Comment from : Financial Fast Lane |
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Why doesn’t Social Security go after politicians who ”borrowed”/ actually stoled Millions/ Billions from the Social Security Trust/ just leaving IOU’s in the trust They should have to personally REPAY this DEBT, not the those who are disabled, elderly or poor We didn’t ask the to “borrow”/STEAL these funds Comment from : Randy Fritz |
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Like the man said we that receive social security benefits we are getting screw 3 percent that really sucks but as American we to take what they give in to us we don't really have a say so 😭I live in a homeless shelter because of S/S i always had a apartment when I worked but I am too old to work I am 70+ So I have to take what they give me on social security benefits but I do thank God for what I got 🌞 Comment from : Richard Moreno |
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Do we have to pay taxes on our pension for the rest of our life Comment from : Beverly Bennett |
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What happens to the $1 of benefits withheld (penalty) for every $2 in earnings above the limit ($21,240/year)? Is that held by SS and distributed to you once you reach full retirement age? Comment from : J K |
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My social security benefits are suspended due to income limit should I withdraw my application Comment from : Maria Faber |
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What about taxes, will that money get added to uour oncime and put you on a higher tax bracket? Comment from : Dorothy Burnett |
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Are there income limits on an individual after claiming SS retirement benefits early (62 yrs) if the individual is a "national " rather than a "US Citizen"? A "national" is a recognized political status by the US Dept of State and also recognized as a "nonresident alien" by the IRS Chances are, by design, you're not familiar with this Comment from : KSpring |
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Good video I'm 62 now if I retires what happens when I reach age 67 do I get for age 67 or still receive for age 62 Comment from : Arthur A Bethea |
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Thank you Comment from : Pete |
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Biden rather give billions to Ukraine refugees than Americans Comment from : Frankie 5 |
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I quit my job after working 18+ years for a company I was told by my employer that I have pension through them and I qualified for early retirement They said I may start collecting my pension as early as 56 (I’m now 55) But your video stated that the earliest to collect is at age 62? I’m confused Comment from : PhanhTomm * |
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Quick Question, am I entitled to collect unemployment if I am collecting social security ? Comment from : Ice Rock |
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I was born november 1960, is my full retirement when I turn 67, Nov 2027 or when I turn 68 Nov 2028 Comment from : Jeff |
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Thanks for your helpful advice its nice to have these facts concerning retirement🍀 Comment from : Kimberly Jennings |
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There is no reason for all of this BS!!!Your income was already subject to Tax when SS was being deducted from your paycheck So, taxing SS income again is indeed double tax!!!The complicated tax system is designed to keep the average person confused, and allow big business and the very rich to use write off to avoid paying taxes!!! How and why this happens??? It is because the people who make the tax laws in congress are getting Bribes (Campaign Contributions) from Big Business and from the very rich And it looks like we cannot do much about it Comment from : The Owl |
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So if I work till 65 abd don't claim ss till 65 my wife quits work at 63 and draws ss there is no penalty right? Now I know it will be taxed since I work and my income abd her ss income will be over the income threshold abd will be taxed 85? Comment from : bruce eigsti |
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Many people use the money early when you have more energy and health It's hard to expect or think you're gonna live in your late eighties, nineties Dad retired at sixty eight Health is declining at about eighty now And he has plenty of money Would have been nice earlier i'm thinking I see so much early health declined sickness and death in the medical profession Your perspective of life will dictate your choices in this situation Comment from : HM collectibles |
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So All the money you get from 62-67 isnt a lot compared to the Increase and total money after 67 to Whi knows what age? Maybe death early, in early 80s? Hmm Comment from : HM collectibles |
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what about interest from a CD , does that count against you ? Comment from : bigearlrrr |
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do you address passive income? Comment from : alan haston |
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i retired early in the middle of the year does the income limit earn before the retirement is included? or income after you filed your retirement Comment from : Edwin Robins |
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Do the same rules apply on the amount of income that you can earn without being penalized after you reach age 70 as those that when you are collecting at full retirement age? Comment from : Stephen Rees |
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It’s amazing that our money is controlled by people that have become wealthy at our expense Why is someone penalized for working and the penalty is from their own money Why are elderly people punished period!! We talk about carrying for the older gen but we continue to rob them Health care should be free after 65! Comment from : Bud |
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I dont understand the penalty if you are working you are already contributing back with the FICA tax So they are double dipping Comment from : CJ Johnson |
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The government wants everyone to believe that everyone is living longer, but I bet they aren't taking an average of the 62 to 90 of the one who die before becoming eligible to collect SS I believe the true age is 80 to 82, but hey when have we ever known our government to lie to us? Wink, Wink! Comment from : Steve M |
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That's is total government overreach, they are stealing the chance for the people to get ahead by telling them how much they can earn if they are collecting money from SS that they paid into the criminals in Washington DC need to keep their off We The People moneyThis should be illegal to limit how you can make until age 67 Total BS! Comment from : Steve M |
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Your video was empty of substance I know no more after watching than before The video's sole purpose is to get stupid people to pay you a fee for an analysis Comment from : Dave Wilson |
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I've listened to these types of videos over and over All I can come up with is that the federal govt loves to screw over the actual workers of this country, while giving free everything to those who won't work, or who come here illegally The govt needs workers, but we are all kept on a tight leash, while those in power spend our moneys frivolously The confusion about how to file and when to file and how much can we work is a way to control us Period It's sick Plainly, we are slaves to the System, and have no actual freedom Comment from : Amy |
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Is Required disbursement from inheritance considered in income limit eith new 20 year disbursement requirement? Comment from : Karie Jacobs |
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US is full of the working poor who need to work and draw social security in order to not be homeless and buy food Comment from : Sywnette Roberts |
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Thank you Bill Clinton for penalties for working Comment from : Whiskey Tango Foxtrot |
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at 62 i would get $1600 a month so i did wait until 66 1/2 and now i get $2747 so happy and i am still working full time making $60K a year and paying into the system so it will go up each year i heard so lets hope it is true in calif Comment from : John punch |
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great knowledge, all things I didn't know Comment from : Dalmain Grant |
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I want to work ,I miss working Comment from : Dalmain Grant |
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The "baby " of the 6 kids in my family are so excited that no one will be working My sister is retiring at 62 next month Comment from : john mackey |
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you did not say what happens to to amount that are withheld which exceeded the earning limit Comment from : Jamil Hossain |
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I have an insurance policy I've been paying into for years I'm on disability I'm 58 yrs old My insurance is going up by a couple hundred if I continue my insurance policy I can't afford the payment but I can cash out , what is going to happen with my disability payments when this happens? Comment from : crystal Turner |
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Even though they say, there's no penalty for Social Security, be careful how much money you make if you're on Medicare, $90,000ish seems to be a number that sticks in my head… I know it changes from year to year if you make more than that amount, including your Social Security you will pay more for Medicare Check with your tax advisor and Medicare people to verify the numbers Ask me how I know I got caught up in it I had to pay three times more for my Medicare because I made too much money one year while I was retired on Medicare Comment from : Les Peterson |
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There needs to be a cap on how much a person earns while collecting social security no matter what their age is Anyone working and making over $75,000 a year should have their social security penalized no matter what their age is, and anyone working and making over $100,000 a year should not be allowed to collect social security at all Comment from : The Bottom Line |
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I took my ss at age 65 this past 5/23 and still work my question since I didn't start getting my ss till May am I charged for all the income I reveived for the whole year? Comment from : Ken Peterson |
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I am an RN, Lord I could NOT retire at 62 and continue to work even 2 days a week!! My inccome would exceed the limits by almost $55,000 a year!!! So I have no choice but to wait until age 65😢😢😢 Comment from : Andrea Jones |
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There shouldn't be ANY penalty to work and draw early Screw this corrupt government Comment from : rebelalways |
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🎉 I'm going to work until I drop dead 😂!! I love our government and the trustworthy politicians!br32 TRILLION dollars in National debt this number reassures me that we as a Nation are in very capable hands God bless America I will give all that I can for as long as I can! Peace Comment from : Jesse Lopez |
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good tip for retire Comment from : huyen thoai |
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Thanks for this video, may I ask if your self employed is it true a person can only work 10 hours a week wile collecting their retirement Comment from : Sandra T |
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You didn't mention that the money that is withheld while working before your FRA is returned to you after you reach FRA Comment from : Tom Murdock |
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I am 60 years old and I keep investing without having to worry about my retirement benefit because my future is secured I have a guaranteed lifetime income on top of my SS that generates a steady stream of retirement income At an early stage When I was investing by myself, I had great losses For every stock that I bought, I was out of luck because I bought them when they were expensive I feel I missed out on all the stock opportunities so far for the tech stocks until I met my financial advisor who helped me with a new investment plan I started with a modest portfolio of $70,000, and within just a few months, it has skyrocketed to over $645,000! I have made an excessive return in the past years Thanks to my financial advisor Jacqueline Kobinski I will forever be grateful to her Now I have a staggering amount in my portfolio All I have to do now is live, travel, and enjoy the rest of my life Comment from : Marian and Rose |
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Good Comment from : Edward Strong |
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There should be NO rules , if you work you are actually paying into the benefits you are dressing, if you have worked for 10 years to earn it Comment from : grizz tough |
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Social security is the biggest fraud on the American people You pay in from the time you are barely out of childhood so that political elites can live high lifestyles They raise the age so that you never can recoup the money you and your employer paid in on your behalf and want to make sure you are living in poverty if you take it at the age of 62 We have been so duped by this program Why don’t they just give you back what you paid in at age 62 and let the people that paid it in decide how to use it Comment from : Penelope Colen |
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Too bad the government spends it like a slush fund Comment from : Rocky Staatz |
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It seems the Social Security office is pushing SSI I just applied this month for full retirement benefits and got a huge surprise You know that rule about a widow not being able to collect her late spouses benefits if she remarries before the age of 59 1/2? Well, if you’re widowed again, or divorced from that second marriage, you can still collect from your elite spouse My full benefit was $1750 Not great, but it was based on my income, which is now considered low class, I don’t even hit middle class Surprise surprise when they called me back because I’m no longer married, I can collect, my late husband’s benefits the total of 2900 a month The only documentation they want is my divorce decree, certified copy, I don’t know where it is since I didn’t wanna ever see it again, so I will have to go back to the county courthouse an hour away and get a copy and pay for it yet again But I’m thrilled because that caveat had never been explained in anything that I had read or was told Comment from : Diana Rockwell |
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I am 58 years old, I am planing in retiring at 62, I do receive some rental income Does rental income is added to my ss income ? If over 21,000 I will get penalized? Comment from : Juan Armendariz |
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So our government want us to be as old as possible and keep us poorwhat the he'll can you enjoy at 67? Great grandkids? It's ridiculous 😒 Comment from : Ileana Acosta |
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I feel punished Comment from : Brenda Rico |
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Cruel No wonder Everybody is up in the streets protesting USA Constitution We are being cheated, discrimination Sad can't trust nobody Shout Out to HollywoodbrCorporations are greedy AI is complicated and weird I pray Jesus would come today❤ Sad America Mean people LAWSUITSbrI'm disabled😢people don't carebrGreed Greedy Greed Little man just suffer Sad hateful World Comment from : Brenda Rico |
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Not everybody's rules are the same Complicated Comment from : Brenda Rico |
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Crazy people should be getting thousands a month tax free for all the hard labor they worked there while life Comment from : Billy Bob |
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Thank you i appreciate the info Comment from : Shari Rosario |
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This is bull, they are just hoping you don't live long enough to collect That why they want to raise the age, you are penalized whether you work or not This is bull Comment from : Betty Endsley |
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If you wait to FRA does the windfall provision still apply? Comment from : Skycop385 |
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What if you are on social security and want to go back to work Comment from : Tonda Mccarthy |
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It's not a permanent reduction if you are able to switch to spousal benefits Comment from : RC Dyer |
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What about earnings from owned rental properties? Comment from : PlumbRalph |
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A person is past FRA and receiving full retirement benefit They get a full time job Can their benefit go up if Social Security is taken out of their check? Comment from : cwselinakyl |
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I took mine early, not going to wait till I am half dead and still work😅😅😅😅 I want my cash now 😊 Comment from : Patriot csa |
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I was told the earnings started to count the month you claim retirement benefits I’m 63 and have been working full time for eight months and want to retire now does all I made from January to August count in the the yearly limit or does it start counting in Aug to the end of December? Please help Comment from : Crystal Berry |
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My landlord a friend for years middle class electrician Just dropped dead a week after his 65 birthday Never collected a dime of ss The wealthy out live us by a decade + Comment from : ScreenArts Media |
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Question? I retired from a municipality that did not take out social security I am widowed my husband and I both put into social security I cannot receive either? Comment from : Sue Aldo |
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thank you Comment from : paul keplinger |
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Never trust government Comment from : Zeppy Dove |
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How does spousal support figure into this? Comment from : Roberta (Pfeiffer) Kirst |
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What about the bond of your birth certificate? What’s that worth these days? Comment from : B Thompson |
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Rules but no laws Comment from : B Thompson |
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This is total bullshit You think its this eay for politicians? No freaking way Comment from : Roy Wells |
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So, I’m still struggling to understand how it fits in for me I’m going to be 66 next year (April) And my full retirement age is 66 and 8 months Which is December 2024 Kind of cuts it close but does that mean I can continue to work and not be penalized unless I go over $56,52000 in earnings I would like to do that if possible without penalty to help pay off some debt before I totally quit working I seem to hear that that there is also a monthly earnings limit? True or not in this case Why do they have to make this so darn complicated? Comment from : Tony Cicarella |
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Hello, your videos are Awesome 👌can u make a video how social security affects Teacher's Retirement in Texasthank you in advance and many blessings Comment from : Madris One Day At A Time |
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Here’s a question? What about actors that get residuals? That stuff is on a W2 but its not from work, its from work years ago Comment from : Bowling & Baseball with Jimmy Bridges |
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I plan on retiring in November, at 65 Will my prior earnings be counted as being above the allowable amount, for the year? Comment from : darla bailey |
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cash talks always, baby,,IRS 65 G, got them off my back Hollywood 😎 Comment from : Phillip Inmon |
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Hello, do I get earning penalty if I have retirement supplemental from federal if I work? Comment from : Lin bud |
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Am 65 but use survivor so that i don't my ss Comment from : Alfreda Quinones |
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Is there a rule for the first year you retire like age 64 it doesn't matter how much you made before let's say June you retire July 1st as long as you don't don't make more than 177000 a month the rest of that year Comment from : Jeff L Baukol |
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I retired this year at 62 Never mind "making it" to 70- it's best for me to retire now I, like so many others, never held a "high paying job with 6 figures" I'll be getting $1091 a month starting in September I'll be working side gigs and online items to make extra money At that time, it's MY choice to work or not As long as I stay under $21k per year, (no problem there), I'll be fine I'm happy with my decision Comment from : Tina Gallagher |
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So i can trade stocks all i want and it wont go against my SS Comment from : Freddie F |
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Cashing out my Roth @ 59 1/2 filing for SS @ 61 1/2 Comment from : Freddie F |
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Retirement age should be 50 or 55 years old, instead of 67 years oldbrBy the time people retire, your kinda too old to enjoy retirement Comment from : Anna Likens |
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I collect ss and have to work as can't live on my ss incomebr I pay taxes on my ss income and my income earned working part time So i pay taxes 2x on my ss Ridiculous Comment from : Jane Van Doren |
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You are an awesome man for taking time to inform usl thank you for all of us 61 yr olds out there Comment from : kent kagle |
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