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Impact of the Social Security Retirement Earnings Test on 62-64-Year-Olds
AARP Research Center
Dec. 19, 2003
Excerpt: The Retirement Earnings Test (RET) reduces the Social Security benefits of beneficiaries who have labor earnings above a threshold amount ($11,520 in 2003). Many workers do not realize that they will recover these benefits after they retire, in the form of higher benefit payments.... [T]his AARP Public Policy Institute Issue Paper [explores] how elimination of the RET would affect the total income of persons aged 62-64 ...
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