Why Is The Government Withholding More Of My Social Security Benefits, Just Before Retirement?Social Security involves complex rules beyond payment distribution, including income-based withholding and the earnings test affecting benefits.
I'm planning to claim Social Security next year but the government says my income will force them to withhold more of the benefits - is that correct?Social Security benefits can be withheld if earnings exceed the earnings-test limit before reaching full retirement age.
Why Is The Government Withholding More Of My Social Security Benefits, Just Before Retirement?Social Security involves complex rules beyond payment distribution, including income-based withholding and the earnings test affecting benefits.
I'm planning to claim Social Security next year but the government says my income will force them to withhold more of the benefits - is that correct?Social Security benefits can be withheld if earnings exceed the earnings-test limit before reaching full retirement age.