Social Security Questions? Ask a Social Security Expert
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Unfortunately, there is nothing to appeal. There is an earned income penalty if you take early retirement and work prior to full retirement. For the year 2016, the limit on earned income is $15,720 ($1,310 per month). If you are collecting Social Security retirement benefits before full retirement age, your benefits are reduced by $1 for every $2 you earn over the limit. Once you reach full retirement age, there is no limit on the amount of money you may earn and still receive your full Social Security retirement benefit. The reason this policy is in place is to discourage people from working and taking early retirement. You will have to repay this amount and this unfortunately is the rule.
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You worked before you were age 66, you have back penalties that are permissible for SSA to charge you because of your work from 1-2013 to 8-2014. It doesn't matter that you are older than age 66 now. Depending on how much money you made it is possible that you have to pay back everything you received from SSA during that time. You will not be penalized for any income from SSA you receive after you turn 66 because of the earned income penalty. You are only being charged back penalties. You could pay back a lump sum and they would not penalize you any further. Does that make sense? You would not be penalized at all for working income and your SSA from August 2016 on, it is simply the penalties that you never paid back from before. SSA had no other ways to get it from you until you started collecting again.
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