Ask the Expert: Social Security Cap
Photo credit: iStock | The Social Security earnings cap disappears when you reach your full retirement age.
I started receiving Social Security at 62. Now, at 64, I have an opportunity to work as a consultant for a year or more. I'm aware there's a Social Security limit on my earnings, but is the amount of benefit I forfeit permanent or just for the time I'm earning over the limit? Is there a way for me to suspend Social Security distributions while working?
If you work after you begin collecting...
