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Level 2
Jul 15, 2021 3:38 PM UTC
Solved

Working while collecting SS

I am retiring this year, starting to collect SS in Sep or Oct.  How does it work this first year of getting SS as far as  the threshold for making too much, that reduces the amount you get in SS?  In a regular year, I know I can't make more than 18-19k, otherwise my SS is reduced by $1 for every $2 made over the limit, but obviously this first year I've already made way more than that threshold.

DoninGA
DoninGAAnswer
Level 15
Jul 15, 2021 3:49 PM UTC

Go to this AARP website for information on the "Special Earnings Limit Rule" - https://www.aarp.org/retirement/social-security/questions-answers/social-security-first-year-rule.html

2 replies

DoninGA
Level 15
DoninGALevel 15Answer
Level 15
Jul 15, 2021 3:49 PM UTC

Go to this AARP website for information on the "Special Earnings Limit Rule" - https://www.aarp.org/retirement/social-security/questions-answers/social-security-first-year-rule.html

DCR3Author
Level 2
Jul 15, 2021 5:38 PM UTC

Excellent - thanks!