Do not dry your Social Security widow benefits, earlier than your full retirement age if you plan to work full-time or your benefits will be reduced. For every two dollars you exceed the annual Social Security earned income limit they will reduce your Social Security by one dollar. In the year that you reach your full retirement age that earned income limit is more generous. For every three dollars you exceed the limit, they will reduce your Social Security benefit by one dollar. At your full re
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Social Security widow or survivor benefits are reduced if drawn prior to your full retirement age. You can choose to draw early but it's a permanently reduced amount. You can switch to your own benefits anytime after age 62. . . . #socialsecuritywidowbenefits #widower #widowbenefits #womenover60 | Sylvia Gordon
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Keep in mind if you draw a widow benefit or any type of Social Security benefit prior to your full retirement age, your income is limited. Understand the earned income limit before you draw any Social Security benefit early so you don’t get into a debt situation with the Social Security administration. Find my book on Amazon if you want to learn the details about widow benefits. Medicare moms guide to Medicare and Social Security retirement available on audible and Kindle too. | The Medicare Fam
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Social Security widow benefits are also known as survivor benefits and begin at age 60 IF you haven’t remarried prior to age 60 AND are not working and earning over $21k in 2023 if you haven't reached your full retirement age. At FRA you can work as much as you want and your Social Security will not be reduced . . . #socialsecuritywidowbenefits #widowbenefits #survivorbenefits | Sylvia Gordon
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