ST Alpha - "When you say phase out do you mean that if you earned a certain amount you don't collect SS? " (Reading a Post)

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In response to "Don't SS benefits phase out? SS, in theory, was supposed to be 'you pay in, you get back later'" by ty97

When you say phase out do you mean that if you earned a certain amount you don't collect SS?

Posted by Krusty (aka Krustylu) Oct 13 '21, 08:06

From what I've read that's not mentioned. 97% of the elderly in the US receive SS benefits.

Responses:

There's a max you can get per month, regardless of what the formula says you should get -- (link) - ty97 Oct 13, 08:28
Means benefits are capped at a certain amount, so there’s no additional direct benefit to paying into the system above that threshold. -- nm - znufrii Oct 13, 08:27

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