Tag: baby boomer
The reduction in benefits for some people who collect Social Security while simultaneously working is frequently called a “tax.” It is not a tax. Under a Social Security rule known as the Retirement Earnings Test (RET), some benefits are withheld if the worker earns above a certain level – $19,560 in 2022 – and has…
Staying healthy is becoming a preoccupation for baby boomers as each new medical problem arises and the existing ones worsen. The stress of having too much debt isn’t helping. The older workers and retirees who carry debt are less healthy than the people who are debt free, and higher levels of debt have worse healt…
