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In fact, according to the 8th annualT.
Rowe Price Retirement Saving & Spending Survey, roughly 20% of retirees are working either full-time or part-time.
Here are some of the factors that you should consider before you decide to return to the workforce.
Insurance companies may also require higher premiums for older workers.
Above that amount, as much as 85% may be taxable.
If youre a joint filer, the brackets rise to $32,000 and $44,000, respectively.
However, its important to note that this isnt a confiscation of your benefits.
Rather, its simply a deferral.
However, those with higher incomes pay more.
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