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Restricting 2005 Earnings After Retirement
(Posted January 27, 2005)
Question 538: I recently retired under 60/30 and plan to work in 2005. Is it permissible to earn $12,000 over 6 months but not work for the remainder of year, without incuring a penalty on my Tier 1 benefit?
Answer: Yes, if you restrict your earnings to $12,000 or less in 2005, you will not lose any of your Tier 1 benefit.
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