IBack to Work? Check Tax, Social Security, Medicare Impacts. Read excerpt below:

October 24, 2008

By Philip Moeller
U.S. News & World Report

One of the clearest messages from financial advisers is that retirees should consider going back to work if their nest eggs have been badly hit by investment losses.

Easier said than done. The economy is shedding jobs at a scary pace, and it's widely expected the slowdown will get worse and last well into next year if not 2010.

Still, in an economy as large as ours, there are always opportunities. We'll also be seeing part-time jobs replacing full-time positions. Further, our well-publicized economic travails reportedly are scaring away immigrants, and there will be some domestic employment benefits of this trend.

Read entire article: http://www.usnews.com/blogs/the-best-life/2008/10/24/back-to-work-check-tax-social-security-medicare-impacts.html