I have a bit of a problem with social security and what I can earn in wages.?

Question

At my current salary I will be earning to much and not receive a social security check for the first 2 months of next year. I have already cut my hours but have to work at least 35 hours to get insurance benefits. I am 62 and single and need social security checks to make it as I don't make a lot of money. Has anyone else had this problem and if so what did you do to resolve it. Thanks for any help

Answer 1

Check out this page on the Social Security website - "How Work Affects Your Benefits"

http://www.ssa.gov/pubs/10069.html

You should be able to figure out exactly how you are affected.

Answer 2

Not much you can do - if you make over a certain limit for the year, then they reduce your benefits by $1 for every $2 you were over the limit. Check out the ssa.gov website for details, but it sounds like you've already investigated the rules.

Good luck.