Working While Retired – The Annual Earnings Test

Whether you receive Social Security now or plan to start soon, understanding the 2012 annual earnings test might be important to you.   The annual earnings test, also called the retirement test, concerns how earnings from employment in a calendar year might affect your SSA retirement payable for that year.  Dollar amounts of the earnings test…
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SSA Disability – Can You Do Any Other Type Of Work?

Today we reach the final step in making an initial disability decision for Social Security or the separate Supplemental Security Income (SSI) program. Given the emphasis on an applicant’s ability to work and knowing that Step 4 developed if a person could do the work they did previously, perhaps you have already guessed Step 5. …
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Are You Saving For Retirement?

Social Security was never intended to provide all of your retirement income.  I hope this is not a surprise to you.    Social Security replaces only a percentage of your pre-retirement earnings. By design, Social Security amounts are figured so that lower-paid workers get a higher return than highly paid workers. For example, lower-paid workers could get…
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SSA Disability – Can You Do The Work You Did Previously?

As noted earlier in this series, disability for Social Security or the separate Supplemental Security Income (SSI) is about an applicant’s ability to work.  Before determining the severity of your medical condition, you are asked if you are working. Then, defined in terms of ability to work, to be severe a medical condition must significantly limit…
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And The Highest 2012 SSA Retirement Amount Is …

Q:  What is the highest Social Security retirement monthly amount? A listener called in this question during a recent live radio show.  At the time, I did not know the 2012 amount but have since looked it up.  I’ll give the amount today but first should mention that it changes every year.  Why would the highest…
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