@ChrisH261878
Ferris' cousin fffred here
With that income of $50 large you'll experience quite a hit to your SS retirement benefit while you're below your full retirement age. The "how much" is discussed at this SS page https://www.ssa.gov/benefits/retirement/planner/whileworking.html.
Basically, "If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit. For 2022, that limit is $19,560." So for an income of $50,560 you would be $31,000 above that limit of $19,560. That would reduce your SS benefit by (annually) $31,000 / $2 * ($1 reduction ) = $15,500. Quite a hit.
The page linked above provides a link to the SS's calculator to determine how much your benefit could be reduced, see https://www.ssa.gov/OACT/COLA/RTeffect.html
That first page linked provides a couple examples of the calculation and benefit reduction.
Depending on your previous income you may actually see an increase in your PIA, the value on which your SS benefit is calculated. So that's good news.
For that much of a hit on your benefit it may be worth doing a "do over". In some cases you can withdraw your application (and pay back all the benefits paid), then you can work without penalty, and then you apply again later for your SS benefits....this has the result as well that you will be older on the second go-round and your SS benefit will not be reduced so much due to early retirement.
This AARP article may help as well, see https://www.aarp.org/retirement/social-security/questions-answers/working-while-collecting-social-se...
Good luck
