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Your email address will not be published.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 *

Search

Latest Posts

  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026
  • A woman smiling at her phone in a bright living room with a delivery package on the table. The Best Amazon Prime Perks You Should Be Using in 2026
  • A woman smiling at her phone in a bright kitchen, representing the relief of receiving a tax refund. When Will Your 2026 Tax Refund Arrive? IRS Timeline Explained
  • A shopper looking at a grocery checkout screen with the New York City skyline in the background. 10 US Cities Where Grocery Prices Are Highest in 2026
  • A person reviewing tax documents on a laptop in a bright, modern home office. Tax Season Warning: How IRS Budget Cuts May Affect Your Refund
  • Editorial illustration of a gold gavel striking tax forms on a navy background. Trump's $10B IRS Lawsuit Could Upend the 2026 Tax Filing Season
  • IRS refund Tax Refund Alert: Americans May See a $1,000 Increase in 2026

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

pool

Pool Regret Is Real! 7 Reasons Not to Invest in One

A stressed man sits with his head in his hands, overwhelmed by the mounting costs…

Read More →
home-selling mistakes market

Signs the Housing Market Will Crash at The End of 2024

With high mortgage rates and even higher home prices, many homebuyers witnessed their hopes sink…

Read More →
will

11 Essential Steps To Craft a Strong Estate Plan

A woman thoughtfully reflects on her legacy while sitting at a table with her laptop…

Read More →
insurance

8 Basic Things to Know About Insurance

A person reviews physical insurance folders and digital documents on a tablet to stay organized…

Read More →
effects of World War III

5 Economic Effects of World War III

A silhouette watches world maps and falling charts over a city, reflecting the grave economic…

Read More →
Debt Free Lifestyle Habit

10 Best Debt Relief Programs for Seniors

1. Credit Counseling and Debt Management Plans One of the most effective and accessible relief…

Read More →
protect your money in a divorce

6 Ways to Protect Your Money in a Divorce

Organizing a stack of case files and a digital calendar is the first step toward…

Read More →
social security

Social Security Could Slash Benefits by 2035 If No Action is Taken!

A pensive man gazes out a window, holding a mug while contemplating the future safety…

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 →
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.