Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

These 6 Things Will Cut Down Your Social Security Payments

March 23, 2023 · Personal Finance
social security
Photo by Ground Picture from Shutterstock

1. Returning to work after you retired

With this horrible inflation going on, if you’re a fresh retiree, you know how hard it’s been in the past year. These huge prices and taxes have made our lives less easy than before! As a result, many seniors have returned to the workforce. But there is a catch with this! Despite the fact that some advantages are obvious, you will encounter some challenges with Social Security benefits.

In this situation, it is assumed that your income has increased significantly to the point where you no longer require Social Security payments to support your standard of living. If the Social Security Administration concludes that you are engaged in substantial gainful activity and you make more than $1,090 per month, your benefits may be reduced or terminated entirely.

Before you make the decision to return to work, weigh what matters most to you and see if it’s worth it!

Pages: 1 2 3 4 5 6 7

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!

Related Articles

home

7 Reasons Why It’s Better To Rent a Home Than To Own It

1. More flexibility  One of the leading reasons why people prefer to rent a space…

Read More →
things you'll always get cheaper in the fall

10 Things You’ll Always Get Cheaper in the Fall

Appliances One of the first things you’ll always get cheaper in the fall is appliances.…

Read More →
Utility Bill

High Utility Bills? Here Are 9 Hacks To Solve This Problem!

Are utility bills burning a hole in your pocket? It doesn’t have to cost much…

Read More →
money can buy happiness, Trump presidency

The Joy Equation: 6 Ways Money Can Buy Happiness

Let’s talk about all the ways money can buy happiness! The topic has been around…

Read More →
unemployment

7 Clever Ways to Use Unemployment Benefits

What to know about unemployment benefits Job loss can throw us all over the edge,…

Read More →
A graph showing the rising cost of groceries, gas, and utilities over time, alongside a relatively flat line representing fixed retirement income.

The Sneaky Ways Inflation is Eroding Your Retirement Savings

What Exactly Is Inflation, and Why Does It Matter So Much in Retirement? At its…

Read More →

Don’t Keep These 9 Things in a Safe Deposit Box—You’ll Regret It

What shouldn’t you put in a safe deposit box? In this digital world, much of…

Read More →
scams

8 Dangerous Financial Scams Targeting Seniors

While this may make your stomach turn, lots of senior citizen scams happen every day.…

Read More →

8 High Paying Jobs for Introverts

Peaceful Careers Perfect for Introverts and Retirees Seeking Quiet, Independent Work We know how draining…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.