Archive for the ‘Financial Services’ Category

PostHeaderIcon between ages 62-66, what is the maximum income you can have before you start to loses Social Security benefits

carolyn asked:


i would like to retire at 62, and work part-time; what is the maximum income i can accrue, before i start to lose my Social Security benefits? I know that after 66, i can earn whatever i want

Social Security Benefits

PostHeaderIcon Is it true that your social security benefits are based on the last few years of your salary?

GriffinsNC asked:


A friend who is nearing retirement says that she has to earn as much as possible for the last few years before she retires so that she can get the most social security benefits. Is it true that if you change jobs and make less money (in a less stressful job!) that it will affect what you get at retirement?

Micheal

PostHeaderIcon What are social security benefits and how important are they to have later in life?

Enlightenme! asked:


I am ignorant regarding social security benefits since I am still pretty young.

So I am asking a basic question, what are they and how important are they to have later in life?

Additionally, if I was to work abroad with a foreign employer can I still qualify for it later or would I have to work for a US employer?

Judy