I was notified of a cost of living raise.
Then I was notified that everything over a certain amount was taxable.
The raise is over the taxable.
I was doing well on the third size income till December, then-----Christmas.
I apparently spend too much on Christmas.
Also, I sent an estimate of how much I would make in the next two months and they removed my overpayment in the December check which arrives in January.
I will have $49 in January.
I'll figure this out. But not sure why any social security amount is over the limit of income.
When you are planning retirement, get that nest egg growing. It's more important than you would guess no matter how frugal you are.
There is something nonsensical about the rules.
Must have been created by a committee of people that will never care about Social Security Insurance in their post-work lives.
Happy Holidays.
Then I was notified that everything over a certain amount was taxable.
The raise is over the taxable.
I was doing well on the third size income till December, then-----Christmas.
I apparently spend too much on Christmas.
Also, I sent an estimate of how much I would make in the next two months and they removed my overpayment in the December check which arrives in January.
I will have $49 in January.
I'll figure this out. But not sure why any social security amount is over the limit of income.
When you are planning retirement, get that nest egg growing. It's more important than you would guess no matter how frugal you are.
There is something nonsensical about the rules.
Must have been created by a committee of people that will never care about Social Security Insurance in their post-work lives.
Happy Holidays.
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