A new proposal in Congress would allow seniors to work in order to make ends meet without fear of losing their Social Security benefits.
The “Senior Citizens’ Freedom to Work Act” would nix the Retirement Earnings Test, under which Social Security recipients lose benefits if they claim early retirement and continue earning above a particular threshold.
The bill was introduced by Rep. Greg Murphy, a Republican from North Carolina, according to an April 16 release from his office.
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Florida Republican Sen. Rick Scott introduced a companion bill.
“American seniors’ ability to earn income and enjoy the dignity of work should not be penalized by arbitrary parameters to receive Social Security benefits,” Murphy said in a statement.
“Current law unnecessarily complicates seniors’ right to access the benefits they paid into for the entirety of their careers and must be done away with,” he continued.
“While certain guardrails are in place to
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