Still Working and Collecting Social Security...
by james p neff
(conway sc usa)
How much am i allowed to earn?
I was 62 on june 11.2005, started collecting a small soc sec check ($490.00) and was reduced ($245 a month) in aug 2005, because of the 40% rule.
I have a federal postal retirement as well as the US Army retirement.
Am I still allowed to make $14,160.00 a year without being penalized?Wendy:
Good for You -- Two Pensions!(Something that is no longer the "norm" for retirees), kinda sad!
Social Security only looks at earnings, not pensions... and you will get a "raise" from SS, each year, due to the increased earnings! IF you enjoy working, it's a win-win!