How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Phillips Esq. Your Own Question
Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Social Security
Satisfied Customers: 19658
Experience:  B.A.; M.B.A.; J.D.
Type Your Social Security Question Here...
Phillips Esq. is online now
A new question is answered every 9 seconds

If in my first year of retirement 2014, I had 5 months

Customer Question

If in my first year of retirement 2014, I had 5 months August to December 2014,where I earned less than $1,000 should I not be paid my full social security retirement amount those 5 months. Prior to that I had a full time job and earned $50,000 in the first 6 months of the year.more than the annual allowance for Social Security wages. then I was laid off . So from July to December 2014, I did not earn over $1,000 per mo.
Submitted: 1 year ago.
Category: Social Security
Expert:  Phillips Esq. replied 1 year ago.

Not necessarily. It does not work that way. Whether you are paid full amount for the remaining months in the year would depend on whether or not you had reached the annual limit. For 2014, the annual limit was $15,480.00. For 2015, the annual limit is $15,720.00. For more information, click on the link below: