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Thread: Supplement qustiion

  1. #1

    Default Supplement qustiion

    I receive a supplement to my federal pension until I turn 62. The supplement is contingent depending on how much income I have from outside work during the year. At some point (last I heard, it was 19,800 two years ago). After this threshhold, I start losing money from my pension. So, what I do, is I keep my earnings under the threshold so that I don't lose pension money.

    Problem is, I can never find the number (it goes up a little every year).

    I'm hoping someone here can help me figure out what the threshold is for 2023 so I can see how much time I need to take off before the end of the year.


  3. #2

    Default Re: Supplement qustiion

    I want to say it's $21,240 based on this page...

    If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit. For 2023, that limit is $21,240.
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  5. #3

    Default Re: Supplement qustiion

    Thanx so much. I think this is my answer. I'm still a little leary as it says "your social security benefits." I wish it said your supplement, but I'm probably overthinking.


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