Signing Up For Social Security

[O4L]

I'm probably gonna wait until 67 if I can keep working. I kinda enjoy the work I do anyway.

I wish I enjoyed my work.

 

[THAT Gurl]

Hey guys ... Look here ...

https://faq.ssa.gov/en-us/Topic/art...get Social Security,matter how much you earn.
My full retirement age is 66 years, 7 months. I will be 65 in 2 weeks (literally lol) so ... from the site:

We use the following earnings limits to reduce your benefits:

• 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 2023 that limit is $21,240.

With that info I can earn $21,239 before they start dinging me -- and I will have to pay back $1 of social security payment for every $2 I earn.

 

[OK Corgi Rancher]

Unless you’ve got some underlying health conditions, I’d recommend you wait until your full retirement age. If you can wait until you turn 70. Each year you wait beyond full retirement age you’ll get an additional 8% In benefit dollars.

That's good advice for a lot of people, but not everyone, as you pointed out.

In my case, I'll start losing money at 79 years and 9 months by taking it at 62 vs 67. I'll take it now because 5 years is a crap shoot at this age...when things, like hearts and blood vessels in the brain, just stop working.

 

[O4L]

Well leave it to me to screw up a "simple process". I have to wait and get a letter with a verification code because they can't verify my phone number to send it to me in a text. Jiminy Christmas!

 

[O4L]

I believe that they told me $10,000.00 was the max you could make extra.

More like $21000 now I believe.

 

[O4L]

I need a drink!

 

[THAT Gurl]

Well leave it to me to screw up a "simple process". I have to wait and get a letter! with a verification code because they can't verify my phone number to send it to me in a text. Jiminy Christmas!

Here baby! Come over here and sit by me!! You're in good company

 

[bigred1]

More like $21000 now I believe.

I'm probably wrong but I think that is a combination of you and your spouse if you have one.

 

[OK Corgi Rancher]

Well leave it to me to screw up a "simple process". I have to wait and get a letter with a verification code because they can't verify my phone number to send it to me in a text. Jiminy Christmas!

Yeah... That's pretty standard. I did that, too, because I changed phones from the time I created my account until the time I filed.

 

[OK Corgi Rancher]

Here baby! Come over here and sit by me!! You're in good company

Some guys get all the chicks...