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lev-tax
lev-tax, Tax Advisor
Category: Social Security
Satisfied Customers: 28084
Experience:  Taxes, Immigration, Labor Relations
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How does it normally take to start receiving benefits after

Customer Question

how long does it normally take to start receiving benefits after signing up?
Submitted: 5 months ago.
Category: Social Security
Expert:  lev-tax replied 5 months ago.

Social Security benefits are paid the month after they are due.

If you tell the SSA you want your benefits to start in May, you will receive your first benefit check in June. (If you want to receive your first benefit check in May, you need to be eligible for benefits in April AND tell the SSA you want your benefits to start that month.)

Go to Schedule Of Social Security Payments for the current payment dates.

https://www.ssa.gov/pubs/EN-05-10031-2016.pdf

The application processing generally takes between 1-3 months - so it is recommended to apply three months in advance to receive your first check on schedule.

Questions?

Customer: replied 5 months ago.
if I'm currently67 years how much can I earn prior to losing a portion of my benefits?
Expert:  lev-tax replied 5 months ago.

Your full retirement age (FRA) is 66.

As long as you are above your FRA - your benefits are NOT affected by your earnings.

Expert:  lev-tax replied 5 months ago.

That reduction only affects those below their FRA.

You will NOT lose any portion of your benefits.

See for reference

https://faq.ssa.gov/link/portal/34011/34019/article/3739/what-happens-if-i-work-and-get-social-security-retirement-benefits

Starting with the month you reach full retirement age, we will not reduce your benefits no matter how much you earn.

But what you need to consider - your social security benefits might be partly taxable - and that depends on your gross income and filing status.

Let me know if you need help with determination.

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