Ask Larry

Can I Earn More Than $1410 In Some Months As Long As I Earn Less Than $16,920 This Year?

Hi Larry,

I am 60 years old and have taken the widower's benefit. My annual this year will be around $16,000. I have 4 months under $1410, two months with no income, and the remaining 6 over the $1410. Is it okay to make over the $1410 on those 6 months as long as I don't exceed the $16920? I really would want to avoid having any amounts held back next year. Next year my income will be more predictable with a monthly $1410 and I would not be able to make it if I were to lose a social security check along the way. Thank you.

Hi,

Yes, if you earn less than $16,920 this year, the monthly breakdown of your earnings is irrelevant.

Best, Jerry

Category: 
Posted: 
Sep 24 2017 - 6:41am
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