Latest / Durham News Today | 2 Min News | The Daily News Now!
Why Retirees Are Heading Back to Work | Durham News
A surprising number of retirees are heading back to work—25 to 30 percent—driven by both nostalgia for the social buzz of the office and, more urgently, the need to stretch thin retirement savings. But unretiring isn’t just about returning to the grind; it comes with tax hikes, potential Social Security reductions if you’re under full retirement age, and possible Medicare surcharges via IRMAA. Still, if you’re contributing to a retirement plan or your new income falls in your highest-earning years, it could actually boost your future benefits. It’s a complex financial pivot—but one that’s…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.