Retirement tax questions


@ldruth61 wrote:

When they say reduced, they mean by being taxed not the actual check.

That's why there is a special rule that applies to earnings for 1 year, usually the first year of retirement. Under this rule, you can get a full Social Security check for any whole month you're retired, regardless of your yearly earnings.

How would they reduce your check every month if you are working? They would have no idea until you filed taxes


Yes regardless of your yearly earnings.  Which includes what you made before you started getting SS.

 

SS says  https://www.ssa.gov/benefits/retirement/planner/rule.html first paragraph.....

Some people who file for benefits mid-year have already earned more than their yearly earnings limit amount. We have a special rule for this situation.