Saturday, October 24, 2009

How much money can you earn while you are on Social Security?

Is $900 ? Or is $850? How many hours a week can person getting Social Security and SSI work without going over thier monthy limit of money they can earn a month and losing their Social Security and SSI?





Is there any chance that they will one day change the limt per month?





Thanks for the help!

How much money can you earn while you are on Social Security?
For 2007, the annual limit of earnings while on social security is $12,960 if you're under retirement age for the entire year.





If you will reach full retirement age in 2007, the limit on your earnings for the months before full retirement age is $34,440.





Starting with the month you reach full retirement age, you can get your benefits with no limit on your earnings.





Working while you receive social security benefits could mean a higher benefit for you in the future.
Reply:call your local ss office,,,i pray you have speaker phone so you can at least take a dump and read the paper while you wait for an answer.





Of course it will change....I won't see ss when my time arrives...I'm in my 30's, I've been working since I was 15 and well hell..... I'm not counting on ss and god knows my child won't get it.
Reply:not much , start saving in your own personal account
Reply:You need to get real job, the ss benefit that you will earn we have to pay for it ''we'' the hard workers, and tax payers, you should not think like that, trying to found out how to go around the system...
Reply:There is NO limit on the amount of money you can earn while collecting Social Security. SSI is a different story.





Your social security income will be subject to income tax if you exceed certain thresholds, but will not be reduced.

lilac

No comments:

Post a Comment

 

money Copyright 2008 All Rights Reserved Baby Blog Designed by Ipiet | Web Hosting