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hey everyone most of you know that the Social Security Administration has a role that limits your earnings from work if you want to receive benefits before your full retirement age now that role seems fairly straightforward but it actually causes a lot of grief to both the Administration Employees and to the people who want to retire one of the areas that I see the most confusion in with this earnings limit is in the first year of retirement so I want to take just a few minutes and talk about the special earnings limit rule that applies in that first year of retirement this is generally referred to quite aptly as the Social Security first year of retirement rule itamp;#39;s designed to help people who retire later in the year after they have already earned more income than the limit allows and today Iamp;#39;m going to simplify this rule so you donamp;#39;t get torpedoed by an overpayment notice or have your benefits terminated unexpectedly so if you plan to retire and file for Soci