Ask a Social Security Question, Get an Answer ASAP!
I realize you have a question about social security. My goal is to help you better understand your options.
How are you today?
You may be out of luck for the payment you received in January, but there is a special rule for your first year of drawing a benefit before full retirement age.
Basically, any month that you earn less than $1,260 you can get a full benefit amount for that month
So, it sounds like the bulk of your earnings were received in January. In that event you should be okay for the rest of the year
Unfortunately, you will have to take proof of this to the social security office and meet with someone face to face.
Here is details on the first year rule:
Thanks. Does vacation pay count as earnings?
yes, vacation pay counts as earnings
(last question) And I need to pay on this even if it was earned well before I retired?
Unfortunately, yes -because they go by the year that the earnings were reported to the IRS. However, this should only impact you in January
You should get your full amount for the rest of the months
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