Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

11 Myths About Social Security Finally Debunked

October 14, 2019 · Saving & Spending

‘If you keep working, you’ll lose benefits.’

Alright so there are instances in which this is true, but it’s not so for everyone. You should look out for this only if you’re planning on retiring early. Look at your income to determine whether or not you’re going to lose money. 
If it tops $17,640, you’ll lose $1 for every $2 you make over that figure. When you reach full retirement age, you’ll lose $1 for every $3 that you make over $46,920, 
Also, when you reach full retirement age your payments will see an adjustment so that you’ll gain back what you lost. 
Pages: 1 2 3 4 5 6 7 8 9 10 11 12

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A grandmother stands quietly in a cozy kitchen while her adult daughter feeds a toddler at the table, capturing a subtle family moment. 10 Signs You're Overstepping as a Grandparent
  • 2027 IRMAA Bracket Forecast: Estimated Income Thresholds by Filing Status 2027 IRMAA Bracket Forecast: Estimated Income Thresholds by Filing Status
  • A woman in her mid-60s sits at a sunlit wooden kitchen table, circling a date on a paper wall calendar. The Birthday That Changes Your Medicare Options Forever
  • An older couple sitting at a sunlit kitchen table reviewing financial documents together in a warm, candid moment. How Much You'll Actually Get From Social Security at Every Age
  • An older man with silver hair smiles warmly while working behind the front desk of a brightly lit local community center. 6 Part-Time Jobs at Community Centers for Retirees
  • An older couple sits at a wooden kitchen table in morning light, carefully reviewing Medicare paperwork and calendars. The Medicare Deadline That Sneaks Up on Retirees Every Year
  • An older couple reviewing retirement planning documents together at a sunlit kitchen table, capturing a warm and organized moment. Medicare Part B vs Part D: A Side-by-Side Breakdown
  • What $3,000 a Month Really Looks Like in Retirement Based on Where You Live What $3,000 a Month Really Looks Like in Retirement Based on Where You Live
  • An older couple in casual clothes sitting at a wooden kitchen table, looking at a tablet together in warm natural light. Here's What the Average Social Security Check Is in August (How Do You Compare?)
  • A retired couple walks down a peaceful, tree-lined suburban sidewalk during the warm golden hour. 10 Best Retirement Cities With Peaceful Neighborhoods

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

12 Common Money Myths You Need to Forget You’ve Ever Heard

Relocating for a higher-paid job is a good idea Moving for a job that pays…

Read More →
Happy seniors at shopping

16 Surprising Places With Great Discounts for Seniors

Discover 16 surprising places offering great senior discounts on groceries, travel, retail, and dining, plus…

Read More →
An active senior couple happily taps a transit card to board a modern city light rail train during warm afternoon light.

Why Some Retirees Are Eligible for Free or Reduced Public Transit Passes – See If You Qualify

Learn how retirees can drastically lower their transportation expenses by qualifying for free or reduced-fare…

Read More →

18 Things Seniors Should Consider Before Downsizing

Rental Deposit Maybe you’d rather rent a place instead of buying one. That’ll definitely save…

Read More →
An editorial illustration of a retired couple rolling back a rug to reveal hidden wealth and resources beneath their floorboards.

The Retirement Benefits Beyond Traditional Checks – Find Them Here!

Discover overlooked retirement benefits, from healthcare grants to property tax freezes, that can stretch your…

Read More →

30 Shocking Retirement Facts to Help You Prepare Your Nest Egg

9. Retirees Love To Travel Who doesn’t dream of going on tropical vacations during retirement?…

Read More →
A smiling retired couple enjoying a peaceful morning on their sunny outdoor deck.

11 Expenses You No Longer Need in Retirement

Discover the 11 major expenses that disappear in retirement, from commuting and payroll taxes to…

Read More →

30 Electronics That Are Hiking up Your Electric Bill for No Reason

Heat Pump With an average wattage of 4,700 watts, heat pumps cost you around $0.56…

Read More →

Not A Member? Here’s 9 Ways You Can Still Shop At Costco

You can eat at the food court, depending on the location. Some locations allow non-members…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.