Comments on: does social securty penalize you if you have another retirement plan?

By: Auntie Mame

Auntie Mame — Sat, 27 Feb 2010 11:38:59 +0000

Yes! It is called Windfall Elimination Provision. See SSA Publication No. 05-10045.
References :
http://www.ssa.gov/pubs/10045.html

By: KCNY1

KCNY1 — Sat, 27 Feb 2010 11:30:59 +0000

No. Not true. You will get your social security monies regardless of what other retirement plans you might have.
References :

By: George

George — Sat, 27 Feb 2010 11:15:59 +0000

No, social security is not a retirement plan and is not affected with your plans. The only time it would change is if you were receiving a VA pension.
References :

By: Mimi

Mimi — Sat, 27 Feb 2010 10:35:59 +0000

No. You get out of Social Security what you have put in. It has nothing to do with economic need or anything like that.
References :