Tired Tess
Well-Known Member
I'm so ready to wrap it up.
Joined: Jan 16, 2011 8:47:41 GMT -5
Posts: 1,313
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Post by Tired Tess on Jul 13, 2020 21:06:31 GMT -5
I believe, at 62, if I earn > $18,000 for every $2 I earn I'll need to pay back $1. Is this in the Jan - Dec calendar year or does the year start when I start to collect (Aug - Aug).?
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tallguy
Senior Associate
Joined: Apr 2, 2011 19:21:59 GMT -5
Posts: 14,106
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Post by tallguy on Jul 13, 2020 21:39:19 GMT -5
There is a special rule for those who begin to claim midyear. Whether your benefits are reduced would depend on your earnings each month and/or how much time you devoted to self-employment work in those months. Special Earnings Limit Rule
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