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Earnings while collecting social security

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Earnings while collecting social security

I am 63 and still working part time and collecting social security.  I went over my earnings limit for one month due to s bonus I received. However , I am still under the yearly limit of $19560. Will my check be held or benefits be reduced due to that one month? 
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Honored Social Butterfly

NO, not for just one month out of the year; especially for something like a bonus which you might get at the end of the year - but if it pushes you over the yearly limit, that's when the SSA starts deducting from your SS benefit check.  

 

AARP 12/23/2021 - Do I need to notify Social Security if I am receiving benefits and earn more than ...

 

You do need to report it if you go over the yearly earnings limit until the year that you reach FRA - then the amount changes to a higher amount and the deduction is less.

It's Always Something . . . . Roseanna Roseannadanna
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Social Butterfly

@pamk157724 

Have you looked at the Social Security web site and checked there?

 

The United States Social Security Administration | SSA

 

GodBlessUSA

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