HomeSocial SecurityDo I have to be concerned about how much I make the month before my 1st S.S. check?
Do I have to be concerned about how much I make the month before my 1st S.S. check?
October 23, 2013
Q) #1. Will my monthly income, during the month prior to my 1st. S.S. check, effect my S.S. dollar amt. if it is over $1260.00. In other wards, do I have to be concerned about how much I make the month before my 1st S.S. check is to arrive.
#2 Did I need to end in a signed application, if I applied on line. Or did I just have to send it in if I wanted the date saved as to when I 1st. applied?
A) 1. If you were born January 2, 1943, through January 1, 1955, then your full retirement age for retirement insurance benefits is 66. If you work and are full retirement age or older, you may keep all of your benefits, no matter how much you earn. If you are younger than full retirement age, there is a limit to how much you can earn and still receive full Social Security benefits. If you are younger than full retirement age during all of 2013, SSA must deduct $1 from your benefits for each $2 you earned above $15,120
2. In most cases, once your application is submitted electronically, you’re done. There are no forms to sign and usually no documentation is required. Social Security will process your application and contact you if any further information is needed.