Sentences with phrase «reach normal retirement age»

Once you reach normal retirement age for your birth date, you can make as much money as you would like — Social Security will not withhold anything.

The month you will reach your normal retirement age is.

Moreover, if we care about keeping veteran teachers, then we should be concerned about the much larger «push - out» effect that pensions have on teachers who reach the normal retirement age.

Some states also offer deferred retirement plans called DROP plans: teachers can «freeze» their pensions when they reach the normal retirement age.

Aldeman and Rotherham estimate that fewer than one in five teachers who enter the classroom at age 25 will stay long enough to reach their normal retirement age.

Once you reach your normal retirement age, you can earn any amount without affecting your benefits.

Once you reach your normal retirement age (currently 66 for new beneficiaries), you can collect half of your spouse's benefit — whether or not you continue to work — and then claim your own larger benefit later.

When Pachter reached the normal retirement age, he had the choice of continuing to work or retire with a pension.

After reaching normal retirement age, earnings no longer reduce the monthly benefit.

The bulk of the funds will be held about 15 years, until the beneficiary reaches a normal retirement age.

If they have not reached normal retirement age, whether or not they have actually started to draw benefits (for example by retiring early), reductions are imposed, to 90 % of what was originally promised.

Not exact matches

As long as she has reached at least normal retirement age, her survivor benefit will not be reduced, but her own retirement benefit will disappear.

Once a teacher reaches the vesting point, she becomes eligible to collect a minimum pension when she reaches the state's «normal retirement age.»

That's possible, but half of all new teachers won't qualify for any pension at all, and 80 percent won't stay long enough to reach the full normal retirement age.

Instead, she has to wait another decade or two until she reaches the plan's predetermined normal retirement age — usually around age 60 to 65.

Fewer than one in five teachers will work a full career and reach the pension plan's «normal retirement age.»

Begin with the fact that your normal retirement benefit is payable beginning when you reach full retirement age.

You can also boost your monthly payment above the normal amount by delaying your start date even after you reach full retirement age.

This means that should you take a withdrawal before you reach retirement age, you pay taxes on that money as normal income, plus an additional 10 percent penalty for early withdrawal.

For example, an option to speed up the increase in the normal retirement age to age 67 and then increase it 1 month every 2 years until it reaches age 68 would generate 75 - year savings equal to 0.52 percent of payroll (OCACT 2006b).

Full Retirement Age A chart on this page shows when you reach full retirement age (also called normal retirement age) for purposes of the social security systAge A chart on this page shows when you reach full retirement age (also called normal retirement age) for purposes of the social security systage (also called normal retirement age) for purposes of the social security systage) for purposes of the social security system.

Such a participant can receive benefit payments from the plan once he or she reaches the plan's normal retirement age or, if the plan allows, the plan's early retirement age.