30.11.2024 16:45:00

Going Back to Work After Taking Social Security? Watch Out for This Sneaky Rule That Could Slash Your Benefits.

"Unretiring" is becoming a popular trend in the retirement community, as many older adults go back to work after leaving their careers. Around 20% of retirees are working either full- or part-time, according to a 2024 survey from investment management firm T. Rowe Price, while 7% say they're currently looking for employment.While 45% of those working in retirement are doing so for personal reasons, like being part of a social group, a greater percentage (48%) are back at work for financial reasons.If you've recently retired and claimed Social Security benefits, you can still go back to work. However, in some situations, you could face hefty benefit reductions thanks to this one Social Security rule. Here's everything you need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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