Planning to Work Until Age 70 or Older? What should you do? For now the advice remains the same but the government has indicated that it will soon change to become far more drastic. In this … You can leave your Medicare, Medicare Advantage, Medigap, and/or Drug coverage, go back to a plan offered by your work and then return to Medicare, Medigap and Drug plan with no penalties or waiting period and Medical-based approval. If you earned $46,380 in those 10 months, Social Security would withhold $340, or $1 for every $3 you earned above the $45,360 limit. What does this mean for over-70s? In other words, they can go out for four reasons - essential shopping, exercise once a day, a medical need or work. Can you work and collect your pension at the same time? You can show your willingness to come back to work with concrete proposals to make it safe. Restricting this request to people over 70 and those with compromised health is therefore a sensible compromise. Or perhaps you've returned to your old job, or some version of it. That means an employer couldn’t establish a rule saying that workers over a certain age can’t come into the workplace due to COVID-19. If you can’t refuse to return to work on a legal basis, you can still try to reason and negotiate with your employer. So what you're trying to say is "people who don't work should stay home", but those people who don't work do actually need to go shopping and thus asking this would affect the economy. For example, say you reach your full retirement age in November 2018 and went back to work in January 2018. Try to point out to the employer that this will, in the end, benefit them and reduce absenteeism. From that point people over the age of 70 Inslee stressed that of the 94 people who have died from COVID-19 in Washington, 10 per cent have been from ages 60 to 69, 23 per cent from 70 to 79, and 60 per cent from those 80 and over. But you really can't afford to lose your pension while you're back at work, particularly if it's a lower-wage, part-time gig. If you work in the private sector for an employer with less than 500 employees, and have COVID-19, have COVID-19 symptoms or have been quarantined by a doctor or the government, you can … Don't Count on It Almost four in 10 workers plan to work until 70 -- but you'll be shocked by how many current retirees were actually able to work that long.