You Can Still Work And Receive Social Security Benefits

An Excerpt from the Social Security Administration Phamplet: Understanding The Benefits

If You Work And Get Benefits: You can continue to work and still receive retirement benefits. Your earnings in (or after) the month your reach full retirement age will not reduce your Social Security benefits. However, your benefits will be reduced if your earnings exceed certain limits for the month before you reach your full retirement age.

If you work but start receiving benefits before full retirement age, $1 in benefits will be deducted for each $2 in earnings you have above the annual limit.

In the year you reach your full retirement age, your benefits will be reduced $1 for every $3 you earn over a different annual limit until the month you reach full retirement age.

Once you reach full retirement age, you can keep working and your Social Security benefits will not be reduced no matter how much you earn.

• Note: People who work and receive disability or Supplemental Security Income payments have different earnings rules. They must report all of their earnings to Social Security no matter what they earn.

Contact your local Social Security Administration Office for all the latest updates on benefits and filing requirements.

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