Official: US Government and the SSA rule, this interests many

The United States Social Security Administration (SSA) has issued an important notice for those planning to retire mid-year. There is a special rule that allows new retirees to receive their full Social Security benefit, even if their annual income exceeds the established limit.

Take note from the US SSA: special rule on earnings in the first year of retirement

When a person retires before reaching full retirement age (generally 67 years old) and has already earned more than the annual income limit, SSA applies a rule. This rule allows the retiree to receive the full Social Security benefit for any full month in which they are considered retired, regardless of their annual income.

This rule applies during the first year of retirement, especially if retirement occurs mid-year. For example, if a person retires in June, they may have already exceeded the annual income limit. However, thanks to this, they can receive full benefits for the months in which their income is below a certain threshold and they do not perform substantial services in self-employment.

These are the monthly limits: half of America is watching closely

If you are below full retirement age throughout 2025, you are considered retired in any month in which your income is $1,950 or less and you have not performed substantial services in self-employment.

If you reach full retirement age in 2025, you are considered retired in any month in which your income is $5,180 or less and you have not performed substantial services in self-employment. "Substantial services in self-employment" means that you spend more than 45 hours per month on the business or between 15 and 45 hours on a business in a highly skilled occupation.

What happens if you do not meet the requirements?

This rule allows that, despite having exceeded the annual income limit, the retiree receives full benefits in the months when their monthly income is below the established threshold and they do not perform substantial services in self-employment. This is especially useful for those who retire mid-year and have had significant income in the first months.

If in any month the retiree exceeds the monthly income limit or performs substantial services in self-employment, they will not receive the Social Security benefit for that month. It is important to monitor monthly income and work activities to make sure you meet the requirements.