Posted by oldfarmtractor on April 29, 2015 at 05:56:13 from (75.63.62.119):
In Reply to: Social Security posted by True Son on April 28, 2015 at 18:02:01:
I am 64 and signed up for social security and planned on drawing at 62. I had retired for teaching at age 60 and was drawing a pension from that system. At 61, the school asked me to drive a bus. That gave me time to take care of my dad since he was along the drive to the school. SS called me and notified me that due to the bus driving my benefits at 62 would be nil. As a teacher I did not pay SS but did in other jobs. So I canceled the SS (lots of paperwork). At 63, I decided to retire from the bus driving (it was another pension due to a political position I held + bus driving). My Dad passed and I decided to let some young person have my driving job. So SS, teacher pension and municipal worker pension are my sources of income. No state income tax on any of it.
Get information, make plans, ask informed people good questions and make a choice to fit with you style of life. Don't forget COLA on many pensions. My COLA activities have increased my pension nearly $700/month since initial retirement.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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