I am 60 and started receiving widows benefits in May of 2017. I also receive a portion of my husbands pension. I understand the pension was not used in calculating my monthly ss widows benefit, but will it count against me as income over the monthly and yearly amount allowed? Or is that only if I become employed?
Please advise

Hi,

I am 64 and 2 months. I am working fulltime but likely to retire in April. Can I collect my social security now as well as work full time? I realize it is a lower amount than if I waited to 66 but circumstances may change that . I If I do not have to retire come April, can I suspend those benefits at that point and continue to work until 70.

Hi,

Larry, I took my Social Security when I turned 62 and now I am 65 and in Oct. of 2018 I will be 66. My question is I have been offered a full-time position at my job and I was wondering since I am on 65, should I cancel it (Social Security) before January 2018 so I can be off Social Security so I can make wages for 40 hours or more at my job? Please help me cause I am confused and don't want to pay 2 dollars for every 1 dollar over the amount I can make.

Thanks. Charles

Hi Charles,

If I retire in 2018 at age 66, how much can I earn without incurring a penalty?

Hi,

There is no limit on earnings starting with the month you turn your full retirement age of 66. And if you earn less than $45,360 in the months prior to the month in which you turn age 66, you could potentially draw benefits starting with January 2018 without losing any benefits to the earnings test.

I took early retirement in 2017. I started receiving ss when i turned 64 in 2017. I then returned to work part time and was told by SS that I could not earn more then $1410/month in order not to exceed the amount I could make while receiving ss. Normally the amount would be 16,000 approx but it needed to be divided into 12 monthly payments. I could not earn the full amount of 16,000 in the 4 months I would work before the end of the year. Now we are entering 2018. It will be my first full year of retirement but my full retirement age will not be until 2019.

I have already started drawing my SS, but plan to return to work. I will reach full retirement age (66) in January 2019. Since January 2018 is one year prior to my full retirement age, how much can I earn in 2018? Does it go off the calendar year you reach FRA or the calendar year? Just abit confused.

Hi,

I took early retirement @ 62 last July 2017 because of no work in the oil field. I have a chance to go back to work this November for just a few weeks or so. I make $650 per day doing Wellsite geology and will quickly be over the allotted limit. I would like to pause (suspend) my SS payment for November, then restart my SS payment in December. Is this possible to do and what should I say to the SS rep when I call. Thanks, Phil

Hi Phil,

If I retire in January at the age of 64; can I still work until my retirement checks start in March?

Hi,

In order not to lose any of your benefits next year, you would either have to earn no more than $17,040 for the calendar year of 2018, or no more than $1420 in any of the months for which you are entitled to benefits.

Best, Jerry

Good Morning; Have your book "Get What's Yours," but still have few questions. I work at UVA, and have the following plans: I contribute 5% & they match 9% (monthly) in addition, I contribute to a (optional 403b) as well as Cash Match. I am 69 and will be 70 next October. I am in good health, like my job and want to continue to work to at least 75-76. Question: Since I am over 50, I know what the maximum yearly contributions are (24k).

My brother, who lives in Texas and is 66,(he took social security at 62), his social security has been denied him for the last four months because they say he's making too much money. But he's still paying in! I thought social security amount was last amount you made when you signed on for social security at proper age and the amount stayed the same. Always. Wjat is going on?!

Hi,