Originally Posted by
Lainey
Another Soc. Security factoid: I retired mid-year 2017. After I filed my 2017 income taxes, I got a call from Soc. Security saying, Hey, Lainey, looks like you earned too much last year and you'll have to repay some of that Social Security. I pointed out that I'd retired mid-year. Then the Soc. Security clerk says, Oh, well, there's a "grace year." So what do you know, I don't have to repay anything. Which only makes sense because otherwise everyone would have to retire on January 1st.