Why Did Social Security Pay Me A Lump Sum And Lower My Benefit Rate?
I retired august 2017, recently I received a lump sum payment from social security and an adjustment downward 9n my monthly benefits. The letter that came stated that even though I requested my payments to begin in September, they said they were adjusting it back to May, even though I was not retired at that time. I am not sure what happened as I did not work after august and with that being the first year of retirement, I read from their site that income during that year was not counted against the yearly max.