Badger
Thinks s/he gets paid by the post
- Joined
- Nov 2, 2008
- Messages
- 3,411
My wife has retired and wants to start SS but I will still bring in a paycheck for the next year. What impact will my income have on her SS payments since we file joint income tax? Also once we are both on SS what impact will cashing in IRAs, Roth IRAs, receiving dividends on stocks, or interest on savings accounts have on SS. I was under the impression that before you are 70(?) you are limited on the amount of income you can make before you lose $1 for every $2 you receive from SS. Just how does this all work?
It was easy to save the money but getting it out to spend without shooting myself in the foot has me confused. Any help would be greatly appreciated for this bear of little brain.
Cheers!
It was easy to save the money but getting it out to spend without shooting myself in the foot has me confused. Any help would be greatly appreciated for this bear of little brain.
Cheers!