I just received my Social security statement which I requested early. *I currently work full time.
My estimated benefts are reduced in each category from what was estimated on my last statement in July 2003, however my income went up 15,000 for 2003. Nothing else on the statement has changed as far as I can tell.
Did you perhaps tell them to generate an estimate taking your ER into account? Look at page 2, under the estimates for benefits. There will be a statement near the bottom of the page:
We base your benefit estimates on these facts:
Estimated taxable earnings per year after ____
Look at the taxable earnings per year after ____. If they have based the estimate on your continued work, they will use your most recent year's earnings that they have already accounted for. (There may be a lag, but you can see what they are using.) This amount will be projected forward.
If they have determined that you have retired, there will be a 0 for this line.
That said, no harm calling them up if you don't understand just what has happened. Just don't necessarily expect them to know what they are talking about. All the clever federal employees have ERd, and are to be found posting on this board, not answering phones at the SSA.