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Reply #17: Well, you give them an estimate when you retire. [View All]

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charlyvi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-27-10 06:17 PM
Response to Reply #15
17. Well, you give them an estimate when you retire.
Then a mailer goes out in late summer each year to all beneficiaries who are still working asking them if their current estimate is still accurate and what the estimate will be for the next year. Or if they have stopped working.
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  -A question about SS benefits? kentuck  Nov-27-10 05:43 PM   #0 
  - I can give you approximate numbers.  Jackpine Radical   Nov-27-10 05:50 PM   #1 
  - Do you still receive your benefits if you earn that 14 grand?  panader0   Nov-27-10 05:59 PM   #3 
  - Yes  PBS Poll-435   Nov-27-10 06:00 PM   #5 
  - You are entitled to all your Social Security checks if you don't earn above $14160.00 for the year.  charlyvi   Nov-27-10 06:01 PM   #6 
     - Do you send your other SS checks back??  kentuck   Nov-27-10 06:03 PM   #8 
        - You are asked to give an estimate of what you think you will earn.  charlyvi   Nov-27-10 06:07 PM   #12 
           - When do you inform SS ?  kentuck   Nov-27-10 06:12 PM   #15 
              - Well, you give them an estimate when you retire.  charlyvi   Nov-27-10 06:17 PM   #17 
  - The upper limit kicks in the year you reach full retirement age  charlyvi   Nov-27-10 06:00 PM   #4 
  - Whatever your early retirement benefit is, you can take. And you can work as much as you want  PBS Poll-435   Nov-27-10 05:53 PM   #2 
  - Not so.  charlyvi   Nov-27-10 06:05 PM   #10 
  - But the benefit doesn't change until you file a return that shows MAGI above 14160. nt  PBS Poll-435   Nov-27-10 06:06 PM   #11 
     - Which means you gave no estimated earnings for the year  charlyvi   Nov-27-10 06:11 PM   #14 
  - What is MAGI??  kentuck   Nov-27-10 06:41 PM   #18 
     - Sorry. 'Modified Adjusted Gross Income'  PBS Poll-435   Nov-27-10 06:58 PM   #19 
  - Calculator from ssa.gov  PBS Poll-435   Nov-27-10 06:03 PM   #7 
  - You can put your SS  safeinOhio   Nov-27-10 06:04 PM   #9 
     - What about this: My 62 year old brother  panader0   Nov-27-10 06:09 PM   #13 
        - That's not a Social Security question.  charlyvi   Nov-27-10 06:14 PM   #16 
 

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