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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Will Social Security Reduce My Benefits If I Earn More Than $1420 In Some Months?
If I start drawing SS in Feb, 2018 because my employer is going out of business and the person that is purchasing his business wants me to stay on for 2 months in which I would make $4000 a month but will not reach the limit of $17040 but will be over the $1420 a month that ss arrives at by dividing the limit by 12. Will they reduce my monthly ss even though I am not going over the yearly limit?
Hi,
No, if your 2018 calendar year earnings don't exceed $17,040 it wouldn't matter how much you earn in any particular months.
Best, Jerry
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Posted:
February 2, 2018