Does Medical Short Term Disability claim from my employer count as earned income against my Social Security Retirement limit?

Hi. Not if it's paid by a private or employer disability insurance plan. However, if it's sick pay paid by your employer then it would be considered part of your salary and would count for purposes of the Social Security earnings test.

Best, Jerry

At what age can I work while on Social Security. I am receiving my benefits. I am 65 will be 66 in February.

Hi. If you reach age 66 in February 2022, then your full retirement age (FRA) is June 2022. Therefore, starting June 1 2022, you could earn any amount of money and still be paid all of your Social Security benefits.

I turn 66 in January 2022, starting collecting SS payments at 62. I am still employeed and have maintained the amount / not exceeded income limit from 62 until now. I am able to get an increase in pay from my employeer in January but my FRA is 66+4, which is April. What happens if I accept the raise in January? I plan to continue to maintain the income limit set by SSA with this raise, but need the money to afford necessities and living cost.

I worked much of my life putting into social security. I went back to school late in life and graduated and began teaching at the age of 39. I retired at the age of 60. I receive a pension from Illinois TRS. It is not a lot since I only accumulated about 22 years. I decided to take SS. It was reduced due to the GWP to about 300 dollars...after federal taxes it is $275. I now work a lot as a substitute teacher. However, there is no SS taken from the check....just federal and state taxes.

I am 63 and requested my retirement. I was approved. Then there was a statement:
"Your payments are suspended because our records indicate that you were or are currently working."

I was under the impression you could receive your benefits even if you are still working. Is this a false statement?

Good morning Larry,
I am reading your book Get What's Yours and have got through about 40% (right past Chapter 8).
I will be 62 next year (Jan 18). My spouse of 40+ years will be 66 next March 25.
Could you please explain what the maximum annual earnings limit would be if I were to retire

My wife and I plan to start drawing Social Security Benefits. She is FRA (66.4) and entitled only to spousal benefits. I will only be 65. If I earn more than the annual limit (~19k) next year, will her benefits be affected? I understand the amount that mine will be reduced.

Hi Larry my question is I retired at 63 mid year but due to pto time etc I made more than I thought so my check is suspended nov and Dec pay back is dec.check restart is February 2022 if I'm not receiving Nov and December do I have constraints on income those mths

Hello
My wife is senior to me by nine years and will turn 63 before the end of the year. We have been entrepreneurs and I still plan to work for the foreseeable future, being the sole employee of an llc which we own 50/50 that generates what income we have at the moment. Will income from our llc taxed as an s-corp affect social security if I am the only one drawing a salary and she only takes distributions (when available)? Would it matter if I was the sole owner of the llc, drew income and distributions and we filed separately (currently file jointly) ?thanks

I am currently receiving my own reduced retirement benefit. My FRA is 66 and 2 months. I turn 66 next month and plan to switch to my survivor benefit, but my FRA for that benefit is 66. When I called to schedule the appt, the agent said I would be subject to the earnings test for the 2 months after I turn 66. I assumed that since FRA for the benefit I'm switching to is 66, that would be when the earnings test would go away. The agent gave me other incorrect info, so now I'm wondering. Which is the correct FRA used for the earnings test when the two FRAs are different?