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Frequently Asked Questions Retirement

I never received this earnings survey before. What’s this about?

The annuity supplement portion of your monthly payment (code 67 in ARPS) is subject to an annual earnings test. If you earn more than the exempt amount ($15,480 for 2014), you must return the survey. The amount of the exempt amount (or limitation) is set by the Social Security Administration. If you made more than the earnings limit your supplement will be reduced $1 for every $2 you go over the limit. Your annuity is not affected.

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