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Charlie and Grace

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Oct 28, 2007, 6:40:41 PM10/28/07
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does anyone have a schedule to figure out how much you can make besides the
social security you draw at early retirement? Of course the reason for the
question is that I want to draw unemployment at 62 and probobly need to keep
working


Paul Maffia

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Oct 28, 2007, 7:34:59 PM10/28/07
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"Charlie and Grace" <charl...@roadrunner.com> wrote in message
news:etadnRa3WIJjkrja...@adelphia.com...

You are very confused on the terms you use. Social Security benefits are not
unemployment payments. You cannot draw unemployment while you are still
working.

As for Social Security benefits, if you begin drawing benefits anytime
before your normal retirement date for full benefits, at least 65 years and
10 months for you (depending on when you were born) you lose $1 in benefits
for each $2 you earn above the limits. Those limits for 2007 are $12,960/yr
or $1,080/mo. For 2008 they are $13,560/yr or $1,130/mo.

You should also take into account any potential tax that may be levied on
your SS income because of your total income from all non-exempt sources.

Charlie and Grace

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Oct 28, 2007, 7:47:28 PM10/28/07
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"Paul Maffia" <pma...@centurytel.net> wrote in message
news:2r-dnZkdm4Awgbja...@centurytel.net...
I didn't mean to say unemployment, I meant to say social security. Sorry
about that. If I understand you correctly you are saying I could earn up to
but not over $1.130 dollars a month. Thank you so much.


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