Hi Larry, both my husband and I will be laid off in the very near future. Husband is going to file application to collect social security retirement benefits. He would like to begin collecting either in January 2021, February 2021, March 2021 or April 2021 depending on what you might be able to tell us. Hi is 65, and would reach FRA on Sept. 4, 2021 (birthday is 7/4/1955).
Our daughter is 11 years old. I will be 49 years old this January 12, 2021.
If my FRA is January 2022 how much can I earn in 2021 to get my full Social Security benefit for 2021
I cannot get a straight and accurate answer from Social Security to save my life.
I took early retirement in 2019 at age 63, in March. I thought I understood the earnings limit, and had no idea that Restricted Stock Units (given in 2017) would be included in my W2 as total wages, as well as past earned vacation pay and sick time carried over from 2018 to 2019.
I am retiring on December 15th. I will receive my first social security check the 3rd week of January. I was told that I could only make around $1500 in December in order to get my full social security check in January. I figured out I would be making too much money so I was told that if I took a couple of days of vacation that the vacation pay would not count toward that $1500. Is that correct? I also get a travel reimbursement for days worked if I want it. Would this travel reimbursement count toward the $1500? If so I could forego that. Please advise.
I will reach full retirement age in January 2022. I would like to start collecting Social Security in February 2021 as I will not earn more than $48,000 in 2021. My question is does Social Security count 12 months before your normal retirement age as the higher earnings amount or do they use calendar months? Thank Larry
hello i repaid a total of 7,804,00 in the last 3 years from my work. i have read that after you reach full retirement age ss
gives this back to you, can you tell me how they calculate that back to you. thank-you
Amounts withheld from a person's benefits as a result of Social Security's earnings test are not returned to the person when they reach full retirement age (FRA), at least in a direct manner.
Am 65 and was recently separated from state employer with severance package. I paid into social security for 35 years. Started social security and state pension benefits effective Sept 2020. Have a PLOP (Partial lump sum payment) being paid in Dec 2020. Will this PLOP ($40K) affect my social security benefits for 2020 and 2021?
I was laid off Sept 30, 2020. I had to sign a Release to be eligible to collect a severance pay (one year long, every 2 weeks at regular pay amount).
Question: does signing the Release allow the severance pay to be characterized as Special Payment and therefore not counted as income?
i have reached my retirement age how much can i earn if i still work full time
Hi Larry I started receiving widow's social security benefits January 2019. I just received a letter stating that they cannot pay my benefits from January 2019 through April 2019 because I was working. I was not working. I was on temporary disability collecting New Jersey short term disability and disability through the company that I worked for. I was given severance compensation, paid PTO & vaca and am wondering if this can show as earned income?