There are many ways to supplement salary by assisting employees in other areas of their lives. You can offer an extra level of life insurance above the traditional 50K, or disability insurance for employees to protect their incomes.
If you collect Social Security and you're younger than full retirement age, then you can earn up to $16,920 in income in 2017 and still collect 100% of your Social Security payment. Nov 26, 2016 at 2:22PM. The average American's retirement savings remains anemic, wages are only inching higher, and employers continue to abandon pension plans.
In the year that you reach full retirement age, there will be $1 deducted for every $3 that you earn above $37,680 until the month of your birthday. How are these deductions made? After these deductions have been calculated, Social Security will withhold all benefit payments to you until the amount has been satisfied.