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| subject: | Re: Eeee they grow em big round me... |
From: "Mark"
If you can find those limits on the SS site, I'd appreciate it, because I
sure can't. I do recall a number of years ago if you took early benefits,
you reduced your SS check by (guessing here) $1 for every $2 you earned,
and I believe that applied if you retired at full retirement age as well -
but even then it was all moot once you reached 70.5 and could then earn all
you wanted and still get your full SS check due you.
"Mike N." wrote in message
news:ush6s0pb72art87om5lrjntv6sedugsta7{at}4ax.com...
> On Fri, 17 Dec 2004 10:04:51 -0800, Ellen K.
> wrote:
>
>>This is uncharacteristically totally inaccurate. Social Security is
>>NOT need-based, it's based on how much you pay in over your work life.
>>Zillionaires collect.
>
> True, they're not need based, but Bill Gates may still not collect a
> cent: there are limits on annual income before you qualify for benefits.
> Bill G. will presumably have a continuous income from asset appreciation.
>
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