The arcane law restricting the amount one can earn while collecting Social Security prior to full retirement age is possibly going to be changed. A bill in Congress, H.R. 322, introduced by Representative Gene Green, would repeal the limitation on the amount of outside income beneficiaries under full retirement age may earn without penalty.
This bill is now pending before the House Committee on Ways and Means, and the huge number of people now forced to take early Social Security benefits should be made aware, and organized, in support of this bill.
Why those of us who work should have our earnings limited to an amount which keeps us near the poverty line is a question with no logical answer. If we were allowed to earn more, we would pay the Government more in taxes, and would have more to spend, thus helping this economy in two ways.
Plus, after all, these benefits are not handouts but OUR money.
Spread the word to your representatives in Congress, as well as AARP and any other organization whose support might move this forward.
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