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Do You Know When SSA Might Catch Up With Recomputing Benefits?
I began receiving SS at my full retirement age while continuing to work. Each March I have received an additional bump when they update my earnings from the previous year. Our tax returns have always been filed the first of February, however, I have not yet received that bump from working all of 2019, my highest earning year ever! I suppose this has been due to COVID-19 furloughs. Do you know when the SSA might catch up? Thanks
Hi,
Social Security usually runs their automated earnings recomputations around this time of year. I don't know if that process will be delayed this year due to the pandemic, but I wouldn't be surprised if it is. Whenever they get it done, if you're due a recomputation Social Security will pay you any back pay that you have coming. You could submit proof of your earnings for last year (e.g. W-2 for wages, Schedule SE for self-employment) and request a manual recomputation, but if the automated process is delayed then manual recomputations would probably be delayed as well.
Best, Jerry
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September 3, 2020