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Your email address will not be published.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

  • 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!
  • social security, income 7 Social Security Benefits That Will Change SOON
  • Risks, Emergency Fund New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)

Related Articles

documents you should shred

9 Documents You Should Shred for Your Safety

1. Shipping labels Your package has finally arrived, and you couldn’t be more happy about…

Read More →
protect your money in a divorce

6 Ways to Protect Your Money in a Divorce

Do you know how to protect your money in a divorce? Nowadays, it is not…

Read More →
insurance

8 Basic Things to Know About Insurance

What to Know About Insurance: Financial security? Where do I sign? I think it’s safe…

Read More →
credit card scams

7 New Credit Card Scams You Didn’t Know About

Tapping your credit card against a payment terminal was meant to make your life easier.…

Read More →
side gig

15 Weekend Side Gigs That Pay You Enough for a Week

1. Deliver Food and Groceries Delivering groceries and food can be a well-paid weekend side…

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 →
garage sale items to avoid

6 Garage Sale Items to Avoid at All Costs!

1. Pots and pans If there is one thing that is plentiful at garage sales,…

Read More →
side gigs

5 Side Gigs You Can Do from Your Smartphone

For these side gigs, you only need your phone! Right now we’re living in a…

Read More →
credit card

Medical Debt Relief: States That Act vs. States That Don’t

What “medical-debt relief” looks like in practice “Medical-debt relief” is a catchall term for several…

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

© 2025 The Money Place. All rights reserved.