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Earnings Test

Will My Daughter And I Have To Pay Back Benefits If My Husband Makes More Than His Income Limit?

My husband recently filed for his ssa. His job is cutting back his days and we have to take it earlier than we wanted. He turns 65 in July. Unbeknownst to me, my daughter and I are eligible for benefits as well. She is 15. If he makes more than his income threshold, does this mean that she and I would have to pay back our benefits as well?
Thank you

Thursday, April 15, 2021 - 13:10

Will I Be Penalized Because Of My Earnings?

Hi will be eligible to take my Social Security starting in June of this year as I will be 62. I have a part-time job at a university where I will gross more than the $1540 per month for that first year I am eligible. Does that mean I will be penalized and I’m not able to take my Social Security or do I pay back one dollar for every two dollars I make?
Thank you!

Monday, April 12, 2021 - 10:54

If I Reach FRA In December 2022 Can I Start My Benefits In January 2022?

I reach my FRA in December, 2022. Can I begin SS benefits in January, 2022 since it is the year of my FRA? I will be reducing my work hours and plan to use my SS benefit to make up some of the shortfall. I will make over the yearly limit. If I make 27k over the limit during that year will my SS benefit be reduced ~9,000? Do you receive reduced benefits monthly or do they not send a check until that 9,000 is paid off? Thanks!

Friday, April 9, 2021 - 13:26

If My Wife Files Early And Continues Working, How Is Her Benefit Calculated At FRA?

My wife’s birthday is 10/21/1955. She is a dental hygienist. She broke her back in January and had three surgeries in February. She previous to this earns approximately $70k a year. We considering starting her SSA benefits which would be approximately $2800 per month. I retired 3 yrs ago and started my SSA benefits when I turned 66 last year and receive $2,160 a month plus my pension plus work part time as a school bus driver. I understand about the earnings test and that for my wife (70,000-50,520 divided by 3 divided by 12) $540 approximately withheld each month.

Sunday, March 21, 2021 - 09:49

Am I Right That I Can Start Survivor Benefits When I Reach Age 66 And Not Be Subject To The Earnings Test?

Hi Larry,
I’m a little confused about applying for survivors benefits in my age range.
I am a widow who will be 66 on March 2022. My social security FRA is four months after that.
As a medical professional and based on the S.S. earnings test, I currently earn too much to receive either my own or survivors benefits. In 2020 or 2021.
Am I correct that I can start survivor benefits on my at 66, in March 2022 and not be subject to an earnings test because of the lower age threshold for the 100% widows benefit rate?

Sunday, March 14, 2021 - 15:46

If My Benefits Are Withheld Due To My Earnings, What Months Could My Family Members Be Paid?

I am contemplating applying for early SS retirement benefits. I am 65. My wife does not work. She cares for our three children under 4 years old and is 38.
I will continue to work for three years or so.
I understand that if I get any of my benefit (after the earnings test reduction), my family will get their benefit.
I would probably get a large reduction in benefit that would leave me with benefits paid for one month.. Dec only.
My question is, will my family get their benefits just for Dec or for each month in the year?

Thursday, March 11, 2021 - 16:06

Will My Pensions Be Considered

I am a 62 year old receiving widows benefits for two years. I’m able to receive a pension from Chrysler and K mart Headquarters when I reach 65. Will these pensions be considered income regarding the social security earnings test? I understand if I work I cannot make anything over $19,600.00 approx. My full retirement age is 66 years and 10 months. Second question...I grossed 15,0000.00 in 2020. I also received 10,000.00 in unemployment due to my place of work shut down due to the COVID pandemic for a few months. Do I owe social security anything for 2020?

Wednesday, March 10, 2021 - 07:14

What Went Wrong Here?

Hi - I retired from the federal government in Nov 2020. I also turned 62 in Nov 2020 and filed to receive social security benefits. I used the MySocialSecurity website to file my application for retirement benefits online and got a letter from SSA in Sep 2020 stating my benefits would start in Dec 2020 and I would be paid around Jan 12, 2021. And monthly benefits would be paid around second Wednesday every month. So far so good.

Wednesday, February 17, 2021 - 18:14

If I Start Drawing My Benefits In June 2021 How Much Will I Actually Be Able To Keep?

My wife is retiring at 62 this June and thinking about starting her SS and pulling her pension then. If I start drawing ss at 65 this June and am still working how much will i actually be able to keep compared to waiting till my full retirement of 66 & 4 months. Thanks


Wednesday, February 10, 2021 - 15:30
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