Ask Larry

When Should I Retire?

I have been getting ssdi since 2002.the maximum I can earn is. 1063.43 per month or else I loose medidacid Medicare housing when should I retire? Thankyou peggy

Hi Peggy. My expertise is limited to Social Security benefits, not Medicaid or housing assistance. As far as Social Security disability (SSDI) and Medicare is concerned, you likely wouldn't lose those benefits unless you earn more than $1,310 per month. As long as your SSDI entitlement continues until you reach your full retirement age (FRA), your SSDI benefits will convert to regular Social Security retirement benefits at the same payment rate. And, once you reach FRA, there would be no limit on how much you could earn and still be able to collect Social Security benefits and continued Medicare coverage.

As I explained, though, I can't give you any information or advice regarding Medicaid or housing assistance.

Best, Jerry

Category: 
Posted: 
Jun 27 2021 - 10:42am
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