Elderdude
Recycles dryer sheets
My wife's sister went to the Social Security office to apply for her Social Security at age 63.5 in July. She was being severed from her eliminated position with Kaiser as of the following month, August, with 26 weeks of severence pay. According to her husband, she was told by the Social Security office that she was making too much money to apply this year, that she was disqualified.
I know that if you continue working after beginning Social Security you will be penalized by a reduction in benefit (one for every two?) after the first $14,000, or something like that. Does severence pay count as wages? Can someone point me to the appropriate non-legaleese, government gobble-de-gook explanation.
I know that if you continue working after beginning Social Security you will be penalized by a reduction in benefit (one for every two?) after the first $14,000, or something like that. Does severence pay count as wages? Can someone point me to the appropriate non-legaleese, government gobble-de-gook explanation.