Stop Penalizing Working Seniors Act
Stop Penalizing Working Seniors Act
Plain Language Summary
# Stop Penalizing Working Seniors Act Summary **What the Bill Would Do** The Stop Penalizing Working Seniors Act would remove or reduce penalties that Social Security beneficiaries face when they continue working and earning income. Currently, seniors who claim Social Security benefits before reaching full retirement age have their benefits reduced if their earnings exceed a certain threshold—a rule known as the "earnings test." This bill aims to eliminate or modify those reductions, allowing seniors to keep both their full Social Security payments and their work income without penalty. **Who It Affects and Current Status** The bill would primarily benefit older Americans (typically ages 62-67) who want to continue working while collecting Social Security. It's sponsored by Representative Robert E.
Latta, a Republican from Ohio. As of now, the bill is in committee, meaning it has not yet been debated or voted on by the full House of Representatives. No further action has been taken.
Latest Action
Referred to the House Committee on Ways and Means.