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Non-Tech : CYBERTRADER

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To: Dan Duchardt who wrote (3196)2/7/2000 7:43:00 PM
From: William G. Murray  Read Replies (1) of 3216
 
All this Social Security talk brings up a question I've had for a while and no one has an answer.

For the full time daytrader at age 52, does he reduce his Social Security benefits received at age 62 by having only daytrading income? With 10 years of "unearned" income before he can draw his benefits, are the amount of the benefits frozen in the last year he contributed, or even worse, decline until either he once again has earned income or reaches age 62?

When the SSA estimates your benefits, the wording is "At your current rate of earnings, if you stop working at age 62, your payment would be about $XXXX per month".

Any help is appreciated.
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