Goldman Sachs Construction Worker Can Keep Both Paycheck and Social Security Check
A construction worker in his 60s is considering taking on a job at Goldman Sachs' new $700 million campus in Dallas. The project, which is expected to open in 2028, has brought an opportunity for workers like him to earn a significant income without worrying about losing their Social Security benefits.
At 67, the construction worker has already reached full retirement age (FRA) and collects Social Security. He is considering taking on a year or two of work at the Goldman campus, where he will likely earn a salary of $90,000 or more.
The rules governing Social Security benefits are complex, but in this case, they work in his favor. According to the Social Security Administration, once someone reaches full retirement age, there is no limit on their earnings and it will not affect their Social Security benefit.