SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Earlie who wrote (197620)10/15/2002 4:08:44 PM
From: Tommaso  Read Replies (1) of 436258
 
Earlie, hey guess what I just found out. Did you know that a person who currently reaches his or her official full retirement age for social security can go on working and collect full benefits at the same time? Furthermore, if you keep contributing to Social Security, it is as if you had postponed retirement and the benefits increase around 6% a year. And on top of that, there can be inflation adjustments. So a person who has reached 65 this year can receive something like $1500 a month on top of salary and go on working and that will increase to $2500 or more by the age of 70. $30,000 p.a. on top of salary.

Of course a good bit of that is now taxable, but the benefit is probably free of state taxes and also unreduced by other sorts of deductions.

How long before some politician notices this and campaigns to stop it? Gee, with that $30,000 one could have an $82 meal out every night of the year. The trick is to stay alive, I guess.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News