Liz Weston: Why did Social Security create an earnings limited for those who work after retirement?

OregonLive.com

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Summary

Answer: Social Security was designed as insurance for those who could no longer work, and a retirement earnings test has been a part of the system from its creation in 1935. Back then, the test was all-or-nothing: Any earned income would preclude your getting a benefit.

Source: OregonLive.com

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