Re: Pension and working in retirement question
Originally Posted by
dave123
I'm retired Federal Law Enforcement and receiving a pension. I know that I start losing money from my pension if I make over a certain amount each year. I don't want to go over the allowable limit before I start losing money off my pension.
Retirement Annuity Supplement (RAS) that will take the hit if you make over a certain amount. You lose $1 of RAS for every $2 you receive in earned income depending on the earnings test.
I've been unable to find the amount allowable for 2023.
Any help appreciated.
dave
Maybe I'm wrong, but I thought that rule only applied to Social Security, or (if younger than 62) your SS supplement.
I thought that your "True Pension" component was not affected???
CURRENTLY 50% C and 50% S (as of COB 04/18/2024) 2nd April IFT
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