Firstly, an earnings test is a policy that limits or reduces benefits paid to individuals based on their income or assets. In the context of social security programs, an earnings test is often used to limit benefits paid to high-income individuals while providing full benefits to low-income individuals.
Tag: Benefits
Retiring At 62 Is The Most Common Age, But Is It A Wise Decision?
There is a reason why 62 has historically been the most common age to enroll in Social Security: It is the youngest age at which one can begin receiving benefits.
