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115 North Market St. Waverly
Waverly, OH 45690
  • Phone:
    (740) 947-8110
  • Fax:
    (740) 941-3203
  • E-mail address: daniel.robinson@lpl.com
  • E-mail address: edward.roberts@lpl.com
  • E-mail address: matthew.crace@lpl.com
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Confidence | Experience | Tradition

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Printed from: www.oakbridgefp.com
  • Oakbridge Financial Partners, LLC
  • 115 North Market St. Waverly, Waverly, OH 45690
  • (740) 947-8110 | daniel.robinson@lpl.com,edward.roberts@lpl.com, matthew.crace@lpl.com

Working While Collecting Social Security Benefits

What Will My Net Social Security Benefit Be?

If you are collecting Social Security benefits and working, your earnings will reduce your Social Security benefit. If you are under full retirement age for the entire year, your benefits will be reduced $1 for every $2 you earn above the annual limit. In the year you reach full retirement age, your benefits will be reduced $1 for every $3 you earn above a different annual limit, but only until the month you reach full retirement age.

You can use this calculator to help determine the effect on your Social Security income from working before reaching your full retirement age.

Based on the information you provided, your net annual Social Security benefit is shown below:

Your Results

The Social Security limit is: $0.00
Your excess earnings are: $0.00
Your gross annual Social Security benefit amount is: $0.00
The reduction amount is: $0.00
Your net Social Security benefit is: $0.00

2019 Social Security limits are used in this calculator and are based on your age. The limits are typically adjusted annually.

2019 amounts are used for the gross annual Social Security benefit and are based on full retirement age with the applicable percentage reduction for receiving benefits prior to full retirement age.

This chart shows the percentage represented by your net Social Security benefit and the percentage by which your gross annual Social Security benefit could be reduced.

 

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.

This material was written and prepared by Emerald Connect, LLC.
© 2019 Emerald Connect, LLC. All Rights Reserved.

Contact Us

115 North Market St. Waverly
Waverly, OH 45690
  • Phone:
    (740) 947-8110
  • Fax:
    (740) 941-3203
  • E-mail address: daniel.robinson@lpl.com
  • E-mail address: edward.roberts@lpl.com
  • E-mail address: matthew.crace@lpl.com

Market Watch

February 22, 2019 @ 10:00 AM

Ticker Name Percent Difference (when noted with %) otherwise Last Price Difference (where applicable)
Dow Jones Industrials ETF +0.2%  
Dow Jones Transportation ETF -0.4%  
Dow Jones Utilities ETF +0.3%  
Nasdaq Composite ETF +0.2%  
Nasdaq 100 ETF +0.3%  
S&P 500 ETF +0.1%  
S&P 100 ETF +0.3%  
S&P Mid-Cap 400 ETF +0.1%  
PHLX Semiconductor Index ETF +0.4%  
OSX Oil Service Sector Index ETF +1.0%  

[ Markets | Charts | Quotes | Portfolio ]

Market data delayed per exchange rules.
All quotes are in US Eastern Time (EST).
Market data provided by ICE Data Services. ICE Limitations. Powered and implemented by FactSet. Legal Statement.

Securities and Advisory services offered through LPL Financial, A Registered Investment Advisor, Member FINRA & SIPC.  Insurance products offered through LPL Financial or its licensed affiliates.  The investment products sold through LPL Financial are not insured Homeland Credit Union deposits and are not NCUA insured.  These products are not obligations of the Homeland Credit Union and are not endorsed, recommended or guaranteed by Homeland Credit Union or any government agency.  The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.

The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: AZ, CO, FL, HI, IN, KS, KY, MI, MS, NC, OH, SC, TN, TX, VA, WI, WV.

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