Another key advantage of continuing earned income, even after you collect Social Security, is that you can continue to contribute to your retirement savings accounts, such as traditional IRAs, health savings accounts (HSAs), Roth and 401 (k) IRAs, etc. Most retirement plan withdrawals are taxable (unless they come from a Roth option). This suggests that some people may want to withdraw money before applying for Social Security, in order to minimize the chance that some of their retirement withdrawals will push their Social Security benefits into the taxable bracket. Additionally, if you are considering a gold IRA rollover, it is important to be aware of the associated fees that may be incurred.
Gold IRA rollover fees can vary depending on the provider, so it is important to do your research and compare fees before making a decision.
