Category: Working While Collecting

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How Post-Retirement Earnings Affect Your Social Security

Overview of Social Security Social Security is a vital government program designed to provide financial assistance to eligible individuals and their families. It serves as a safety net for retirees, disabled individuals, and surviving family members of deceased workers. Understanding how Social Security works is crucial to ensure that you...
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How Working Affects Your Social Security Disability Benefits

Definition of Social Security Disability Benefits Social Security Disability Benefits are financial assistance programs provided by the Social Security Administration (SSA) to individuals who are unable to work due to a disability. These benefits aim to provide a safety net for disabled individuals, ensuring they have income to meet their...
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Social Security Benefits for Young Workers

Definition of Social Security Social Security is a government program that provides financial support to individuals and their families during retirement, disability, or in the event of their death. It is designed to ensure a basic level of economic security and stability for eligible individuals and their dependents. What is...
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When Can You Work Without Social Security Deductions?

What is Social Security? Social Security is a federal program in the United States that provides financial assistance to individuals and families in certain situations. It is primarily aimed at helping people who are retired, disabled, or have lost a family member. Understanding the basics of Social Security is crucial...
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How Spousal Earnings Affect Your Social Security Benefits

Overview of Social Security Benefits Social Security benefits are an essential component of the United States' social welfare system. Established in 1935, the Social Security Administration (SSA) administers these benefits to provide financial assistance to retired, disabled, and deceased workers and their families. This article aims to provide a comprehensive...
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The Effect of Continued Work on Your Social Security Benefits

Background Information Social Security is a critical federal program in the United States that provides financial assistance to eligible individuals and families. It was established in 1935 as a response to the Great Depression, with the primary goal of ensuring economic security for retired workers. Overview of Social Security Social...
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The “Do-Over” Strategy: Withdrawal of Social Security Applications

Overview of the “Do-Over” Strategy The “Do-Over” strategy is a unique option available to individuals who have already started receiving Social Security retirement benefits but wish to reset their benefit amount. This strategy allows retirees to repay the benefits they have received so far and then reapply for higher benefits...
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The Pros and Cons of Working While Collecting Social Security

Overview of Social Security Social Security is a vital program that provides financial support to millions of Americans, particularly retirees, disabled individuals, and the surviving family members of workers who have passed away. It plays a crucial role in ensuring economic security and stability for individuals and families throughout the...
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Navigating Self-Employment While Collecting Social Security

Overview of Social Security Description of Social Security Benefits Social Security is a federal program in the United States that provides financial benefits to eligible individuals and their dependents. The program was established in 1935 as part of the New Deal legislation during the Great Depression. Its primary purpose is...