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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Social Security
Satisfied Customers: 18110
Experience:  B.A.; M.B.A.; J.D.
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My SS payments were based on a very unusual year that my

Customer Question

My SS payments for 2015 were based on a very unusual year that my income exceeded 300,000. After deductions, this amounted to(###) ###-####mo. My only income for 2015 has been from SS. Will my payments increase in 2016 since my income has dropped to under 12,000?.
Submitted: 1 year ago.
Category: Social Security
Expert:  Phillips Esq. replied 1 year ago.

Yes, your benefits payments would increase due to reduction in your income. However, I do not know by how much. Only Social Security Administration will have that information.