Friday, February 1, 2013

10 Biggest Retirement Mistakes: #3. Claiming Social Security Early While Still Working


If you collect Social Security benefits before your normal retirement age of 66 and you continue to work, you could lose benefits.


Earn more than $14,640 in 2012, and you’ll forfeit $1 in benefits for every $2 you earn over the limit.

The earnings cap disappears when you turn 66.


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