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YES, your benefits will increase - if you continue to work

Posted: Jan 10th, 2017 - 8:05 am In Reply to: Social Security retirement at 62 - and working part time

If you retire at age 62 or 65/66, depending on which category you are in, and you keep working full or part-time, your Social Security benefits WILL increase at age 66 and again at 70 if you work each year. I am doing it myself. The Social Security site explains this. During age 62 to 66, you have an income limit or they will deduct money if you earn too much. After age 66, you can earn more plus get your benefits. If you work until you are 70 (each year), your benefits will go up to the maximal amount allowed. Good luck.

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Social Security retirement at 62 - and working part time (Views: 1191, 2017-01-09, 12:15 am)
- Go to the SS office and they will explain so you can decide. - anon (Views: 721, 2017-01-09, 4:54 am)
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  - I took early retirement at 62 - anonie (Views: 996, 2017-01-09, 10:18 am)
    - Response - monthly payout (Views: 914, 2017-01-09, 10:24 am)
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      - Monthly payout - Young senior citizen (Views: 761, 2017-01-09, 8:22 pm)
        You can check ahead of time to see what the payout would be.... - Just me (Views: 1071, 2017-01-10, 5:45 am)
- SS - MTME (Views: 785, 2017-01-09, 12:08 pm)
  - My benefit has gone up a little...SM - Old Anon (Views: 641, 2017-01-10, 11:17 am)
- increasing since continuing to work - StillAnMT (Views: 750, 2017-01-09, 12:44 pm)
  - Retiring at age 62 - susie (Views: 809, 2017-01-09, 1:58 pm)
    - I have never had to pay taxes on my SS - anonie (Views: 716, 2017-01-09, 4:26 pm)
- YES, your benefits will increase - if you continue to work
  - I plan to retire this year - Mollie (Views: 571, 2017-01-11, 5:34 pm)