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About mb35032485

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Social Security

Re: Social Security Earnings Penalty

I decided to do the 401k to reduce my AGI for tax purposes. I can deal with the whole penalty thing. at least they start giving you that money back when you hit the FRA. In the meantime unless the market dies or the whole dollar thing going on with t...

mb35032485 04-01-2023 05:57 PM

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Social Security

Re: Social Security Earnings Penalty

Yea,I screwed up the 1/2 of your SS benefit amt is part of the calculation for Taxes not the penalty amt.

mb35032485 04-01-2023 01:26 PM

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Social Security

Social Security Earnings Penalty

My FRA is 67. I was thinking about starting collecting at 63, I am currently 62 and 8 mos. I know the Earnings penalty limit for 2023 is $21,240 which includes Income earned and half of my SS benefit amount. I have worked out a plan where I can stay ...

mb35032485 04-01-2023 09:27 AM

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