Question about working and social security?
If I were to increase my work from 2 days to 3 days a week, would I lose my social security? I currently earn $7.35 a hour(but on Sundays get a $1 more) but am going to get a either a forty- five cent or fifty cent raise in March. I was thinking of working Thursday(our weekest night and same for Friday)- Saturday night . I work at a local Walmart doing overnight matience. I copied this information from Social Security website to help with this question. Would adding a extra night to my work week affect my social security? SSA uses the formulas below, depending on your age, to determine how much your benefit must be reduced: * If you are under normal (or full) retirement age (FRA): when you start getting your Social Security payments, $1 in benefits will be deducted for each $2 you earn above the annual limit. For 2008 that limit is $13,560 and for 2007, that limit is $12,960. Remember, the earliest age that you can receive Social Security retirement benefits remains 62 I also have disabities. I have Ashberger's Syndrome, and I'm a also cancer survivor(testicular). I am a US citizen. I was born and raised here. My family history goes all the back to the mayflower.
Public Comments
- You seem to be smart enough to do the math. Though I don't know why you are working. I look around my corner of hell and think, I'm not going to work for this crap.
