Special Report: Why Medicare Matters Read Now

 

Do I need to notify Social Security if I am receiving benefits and earn more than the annual earnings limit?

En español | Yes. If you exceed the limit, $15,720 for 2015, $1 of your benefits will be withheld for every $2 you make above the limit. You must promptly tell Social Security how much you expect to earn so that the correct amount can be withheld. If you receive more benefits than you're entitled to, you'll have to pay them back. Also, you may have to pay a penalty if you didn't promptly notify Social Security.


Submit a Question to AARP Experts

Didn’t see the answer to your question? Help us improve the tool by submitting your Social Security question. Go


Next Article

Read This