this may be a dumb question, but I'll ask because I don't know the answer. Here it is: when reaching age 62 and beginning social security and, at the same time, receiving a pension.
If working after age 62 and earning over X dollars, social security is reduced 1 dollar for every 2 earned.
Does the pension count ? In other words, will the pension have the effect of reducing social security payouts ?
If working after age 62 and earning over X dollars, social security is reduced 1 dollar for every 2 earned.
Does the pension count ? In other words, will the pension have the effect of reducing social security payouts ?