Re: social security


"Charlie and Grace" <charles267@xxxxxxxxxxxxxx> wrote in message news:etadnRa3WIJjkrjanZ2dnUVZ_r-vnZ2d@xxxxxxxxxxxxxxx
does anyone have a schedule to figure out how much you can make besides the social security you draw at early retirement? Of course the reason for the question is that I want to draw unemployment at 62 and probobly need to keep working

You are very confused on the terms you use. Social Security benefits are not unemployment payments. You cannot draw unemployment while you are still working.

As for Social Security benefits, if you begin drawing benefits anytime before your normal retirement date for full benefits, at least 65 years and 10 months for you (depending on when you were born) you lose $1 in benefits for each $2 you earn above the limits. Those limits for 2007 are $12,960/yr or $1,080/mo. For 2008 they are $13,560/yr or $1,130/mo.

You should also take into account any potential tax that may be levied on your SS income because of your total income from all non-exempt sources.

.

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