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Default Totally OT but I'm doing a great job!

Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.
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Default Totally OT but I'm doing a great job!

On Friday, October 16, 2020 at 8:12:58 AM UTC-5, Leon wrote:
Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.


Extra funds are always a nice surprise. ^5

Sonny
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Default Totally OT but I'm doing a great job!

On Fri, 16 Oct 2020 08:12:50 -0500, Leon lcb11211@swbelldotnet
wrote:

Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.


That happened with my first job. Started at $1.50/hr and immediately
got a raise to $1.60 because the university figured out that they,
too, were subject to minimum wage rules.

Haven't taken SS yet but soon. My boss says he wants me to come back
2 days a week, or some sort of part time after.
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Default Totally OT but I'm doing a great job!

On Friday, October 16, 2020 at 10:57:55 PM UTC-4, wrote:
On Fri, 16 Oct 2020 08:12:50 -0500, Leon lcb11211@swbelldotnet
wrote:
Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.

That happened with my first job. Started at $1.50/hr and immediately
got a raise to $1.60 because the university figured out that they,
too, were subject to minimum wage rules.

Haven't taken SS yet but soon. My boss says he wants me to come back
2 days a week, or some sort of part time after.



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Default Totally OT but I'm doing a great job!

On Friday, October 16, 2020 at 10:57:55 PM UTC-4, wrote:
On Fri, 16 Oct 2020 08:12:50 -0500, Leon lcb11211@swbelldotnet
wrote:
Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.

That happened with my first job. Started at $1.50/hr and immediately
got a raise to $1.60 because the university figured out that they,
too, were subject to minimum wage rules.

Haven't taken SS yet but soon. My boss says he wants me to come back
2 days a week, or some sort of part time after.


I don't know if you have reached your full retirement age (FRA) but if have,
you can start receiving your SS benefits without any penalty for working.

Of course, waiting until 70 YO is often the best, based on the 8% per year
increase in benefits - assuming you'll reach your break even age, of course.
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Default Totally OT but I'm doing a great job!

On 10/18/2020 6:14 PM, DerbyDad03 wrote:
On Friday, October 16, 2020 at 10:57:55 PM UTC-4, wrote:
On Fri, 16 Oct 2020 08:12:50 -0500, Leon lcb11211@swbelldotnet
wrote:
Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.

That happened with my first job. Started at $1.50/hr and immediately
got a raise to $1.60 because the university figured out that they,
too, were subject to minimum wage rules.

Haven't taken SS yet but soon. My boss says he wants me to come back
2 days a week, or some sort of part time after.

That happened to me only with stock options. I interviewed with a
company and we established my start date. I arrived on that date, and
two days later was told the company was sold. What a downer.

However under the terms of the sale all issued stock options would be
vested on the closing date. Mine were, so after a couple of weeks those
options were vested and I could sell them any time I wanted. Since the
old company's stocks increased I did well when I sold my options.
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Default Totally OT but I'm doing a great job!

On Sun, 18 Oct 2020 18:23:32 -0400, knuttle
wrote:

On 10/18/2020 6:14 PM, DerbyDad03 wrote:
On Friday, October 16, 2020 at 10:57:55 PM UTC-4, wrote:
On Fri, 16 Oct 2020 08:12:50 -0500, Leon lcb11211@swbelldotnet
wrote:
Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.
That happened with my first job. Started at $1.50/hr and immediately
got a raise to $1.60 because the university figured out that they,
too, were subject to minimum wage rules.

Haven't taken SS yet but soon. My boss says he wants me to come back
2 days a week, or some sort of part time after.

That happened to me only with stock options. I interviewed with a
company and we established my start date. I arrived on that date, and
two days later was told the company was sold. What a downer.


I really don't need the money but won't refuse it either. We'll see
how it works out. This year, like a lot of companies, is a pretty bad
year (it would have been without covid, IMO) but our fiscal new year
is April 1.

However under the terms of the sale all issued stock options would be
vested on the closing date. Mine were, so after a couple of weeks those
options were vested and I could sell them any time I wanted. Since the
old company's stocks increased I did well when I sold my options.


There is a silver lining.

I was laid off in a downsizing at the end of '06. I already had my 30
years in so not only got the severance (6 months) but my pension (and
insurance). It turned out that if I collected immediately or waited
to 65, the payments were identical and I've been taking the handout
for thirteen years now. I left with a smile.
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Default Totally OT but I'm doing a great job!

On Sun, 18 Oct 2020 15:22:18 -0700 (PDT), DerbyDad03
wrote:

On Friday, October 16, 2020 at 10:57:55 PM UTC-4, wrote:
On Fri, 16 Oct 2020 08:12:50 -0500, Leon lcb11211@swbelldotnet
wrote:
Well, I signed up for SS and got my first check/deposit last month. Yipeeee

So I got an e-mail yesterday and, and, and....

I'm already getting a raise!!!!

Wow who has gotten a raise after their first pay check? Well actually
that happended to me with my last real job.

That happened with my first job. Started at $1.50/hr and immediately
got a raise to $1.60 because the university figured out that they,
too, were subject to minimum wage rules.

Haven't taken SS yet but soon. My boss says he wants me to come back
2 days a week, or some sort of part time after.


I don't know if you have reached your full retirement age (FRA) but if have,
you can start receiving your SS benefits without any penalty for working.


I have but it's still taxed at the incremental rate and cuts the
payment by 8% per year (or 3/4 % per month but like everything else in
the government it doesn't add up).

Of course, waiting until 70 YO is often the best, based on the 8% per year
increase in benefits - assuming you'll reach your break even age, of course.


Right. I'm 68 but REALLY don't want to work much longer. The only
time I have to play is a few hours on Saturday. There are a lot of
things I want to do.
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