Dec 18 2008
How Do Part Time Jobs Affect Retirement in the US?
Taking a job, even if it is part time, could affect your retirement income. Before I write any farther let me advice you to contact a qualified representative of your pension management team. Every pension is different and every income plan has varying rules. Either way you need to be aware of earnings limits before you accept even a part time job.
Many times a retired person may even have the opportunity to return to work for their previous employer and sometimes even in the same job they held previously. One family member kept the exact same position and same pay after retirement but he knew going into it that it would not, in any way, delay or decrease his retirement income.
Regardless of where you will work, how many hours you will work or the level of your compensation you need to check with your pension administrator prior to accepting even the best of retirement positions.