If you earn over the income limit before FRA (Full Retirement Amount), any excess benefit that the SSA claws back will be attributed to your PIA benefit when your PIA (Primary Insurance Amount) is recalculated at your FRA. This usually produces suboptimal results, but is better than most people believe happens when they work after taking SS early. The better option is probably to use a combination of your wages and any retirement savings to bridge the gap to get as close to your FRA as possible before claiming SS benefits.
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If you earn over the income limit before FRA (Full Retirement Amount), any excess benefit that the SSA claws back will be attributed to your PIA benefit when your PIA (Primary Insurance Amount) is recalculated at your FRA. This usually produces suboptimal results, but is better than most people believe happens when they work after taking SS early.
The better option is probably to use a combination of your wages and any retirement savings to bridge the gap to get as close to your FRA as possible before claiming SS benefits.
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