Retiree owes $9,648 to Social Security for exceeding annual earnings limit

From Yahoo Finance: 2025-06-26 23:30:00

A retiree was shocked to owe the Social Security Administration $9,648 due to overpayment. The issue? His earnings exceeded the annual limit for those under full retirement age. If you retire mid-year, monthly earnings limit rules apply, allowing you to keep benefits. Contact the SSA to report earnings accurately and avoid overpayment notices.

Read more: Retiree Hit With Surprise $9,648 Social Security Overpayment Notice