In today's video I cover the basics of the MONTHLY Social Security earnings limit and answer the three most common questions. First, how do you know when the monthly limit is applied vs. the annual limit? Second, how much is the monthly limit? Last, what if your monthly earnings are more that the monthly limit, but you haven’t yet exceeded the total annual limit. Which limit wins? Get a copy of my newly revised book here --
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This is our 2020 Ultimate Social Security Cheat Sheet! It takes the essential information from the 100,000 page Social Security website and condenses it down to just one page!
RESEARCH RESOURCES
SSA POMS reference on Applying the Monthly Earnings Test (MET).This reference includes information on the Grace Year and Non-Service Months.
SSA POMS (monthly test if not in excess of annual test)
See Disclosures Below
⭐⚠️⭐Please read this⭐⚠️⭐
I am an actual practicing financial planner, but I'm not YOUR financial planner. Don't take what I say as specific advice for your situation. Please consult with your own tax, legal and financial advisors.
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⚠️I am not an attorney or SSDI advocate. Furthermore, since I don’t really know you, I can’t give you advice. Please don’t take this video as specific advice for your specific situation. Consult your own tax, legal and financial advisors. If you want to find out more about officially hiring me for non-SSDI related stuff, check out
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