Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Did this party who is taking away benefits realize that these older Americans are also paying into Social Security from the wages/income they make, which at the same time penalizing them?

April 26, 2017Americans away Benefits income Older party paying social security taking wages

0

Posted

Did this party who is taking away benefits realize that these older Americans are also paying into Social Security from the wages/income they make, which at the same time penalizing them?

1 Answer

0

Posted

Some of the reform proposals would eliminate the earnings test entirely. However, it is most important to note that, when benefits are withheld, they are later equitably increased to allow for both the withholding and the additional earnings on which taxes are paid.