Ask Social Security Questions and Get Answers ASAP
I have just applied for social security for the first time. I am taking it early at age 62. I have been advised that once I start I am not allowed to make any more that $1,310.00 per month or 15,720.00 per year. I intend on making about $ 2,000.00 in March before cutting back. That will mean I will have about $ 6,000.00 in earnings for the calendar year of 2016. My understanding is that even though I do not start to collect social security until April I still can not earn more than $ 15,720.00 for the year. My question is two fold. Does my earning $ 2,000.00 in March in any way hinder me getting my first check in April
Response 1: No, it does not.
and is it true I can still only make a total of $ 15,720 for the year even though I only start getting social security in April?
Response 2: Yes, that is correct. For more information, click on the link below: