Who or what group is responsible for taking away Social Security benefits from senior citizens who have to work to survive after 65 years of age?
Under current law, Social Security beneficiaries who are 65-69 may earn up to $14,500 per year, after which benefits are reduced $1 for every $3 earned; this is done under the theory that retirement benefits should be paid only to persons who are retired. The earnings limit is eliminated at age 70 and over. This provision is in the Social Security Act and, in one form or other, has always been present.
Related Questions
- 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?
- Who or what group is responsible for taking away Social Security benefits from senior citizens who have to work to survive after 65 years of age?
- Do retired senior citizens living only on Social Security receive any rebate checks?
