Did you know?
At the age of 62, you become eligible to start drawing Social Security retirement benefits. It's time to make your hard work pay off!
Now, here's the scoop: if you choose to continue working while receiving Social Security benefits, it's important to note that your benefits may be reduced. The Social Security Administration has a nifty formula in place. For every $2 you earn above the annual limit, they will deduct $1 from your benefits. For 2024, the income limit is $22,320.1
While it’s understandable that there may be some trade-offs, this is also an opportunity to explore your options and choices. We’re here to help you navigate this exciting phase of your financial journey. Feel free to reach out to us with any questions or concerns you may have.
Let’s celebrate your 62nd birthday in style and kickstart this new chapter with confidence! Wishing you a fantastic day filled with joy, prosperity, and exciting
1. SSA.gov, 2023
Your 62nd Birthday is a special time to Unlock Social Security Benefits
October 27, 2023