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Your email address will not be published.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

  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • 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

Related Articles

8 High Paying Jobs for Introverts

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

Read More →
A person sits at a desk reviewing financial documents in a sunlit room.

Financial Wellness After 50: A Holistic Approach to Your Money

Understanding the New Financial Landscape After 50 Life after 50 brings a unique set of…

Read More →
email scam

7 Citibank Scams to AVOID at All Costs

Do cybercriminals have the possibility to access your Citibank account? Yes, they can target your…

Read More →
amazon product, online shopping websites

7 Ways to Spot Fake Amazon Products

1. You Don’t Recognize the Seller As mentioned above, there are plenty of third-party sellers…

Read More →
A person sits at a desk reviewing documents related to retirement planning, with a calculator and smartphone visible.

How to Maximize Your Social Security Payout: A 10-Step Checklist

Step 1: Get to Know Your Social Security Statement The first and most important step…

Read More →
A senior citizen sits at a desk reviewing financial documents, surrounded by elements suggesting financial security and well-being.

5 Smart Ways to Use Your Stimulus Check for a Better Future

1. Build Your Emergency Safety Net Life is full of surprises, and not all of…

Read More →
money hacks

10 Money Hacks To Thrive Financially in 2025

Save Smarter, Not Harder: Easy Money Hacks for Your Best Year Yet! We all live…

Read More →
stimulus check

8 Legit Ways to Get Free Money from the Government

1. Forgotten Funds and Unclaimed Tax Refunds Who wouldn’t enjoy a tax refund? Most of…

Read More →
clothes product

Budget Dressing: How to Save Money on Clothes (10 Tips)

…How much money do you spend on clothes every year? Every time you go to…

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.