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You can get Social Security retirement benefits and work at the same time. However, if you are younger than full retirement age and make more than the yearly earnings limit, we will reduce your benefits.
- How Work Affects Your Benefits
You can get Social Security retirement or survivors benefits...
- Understanding the Benefits
We estimate that about 180 million people will work in...
- Learn About Retirement Benefits
Understand how Social Security fits into your retirement...
- How Work Affects Your Benefits
You can get Social Security retirement or survivors benefits and work at the same time. But, if you’re younger than full retirement age, and earn more than certain amounts, your benefits will be reduced. The amount that your benefits are reduced, however, isn’t lost.
You can work while you receive Social Security retirement or survivors benefits. When you do, it could mean a higher benefit for you and your family. Each year, we review the records of all Social Security beneficiaries who have wages reported for the previous year.
17 Οκτ 2024 · Key Takeaways. Social Security recipients who work before reaching full retirement age may have temporarily reduced benefits if earnings exceed the annual limit. For 2024, the annual limit is...
We estimate that about 180 million people will work in Social Security-covered employment in 2023 and pay Social Security taxes. As of September 2023, about 67 million people received monthly Social Security benefits. Most of our beneficiaries are retirees and their families — about 52 million people in September 2023.
When you get a retirement or disability pension from work not covered by Social Security, we may calculate your Social Security benefits using a different formula. This lowers your Social Security benefit.
Understand how Social Security fits into your retirement plan by learning how Social Security works, eligibility requirements, and what to consider before applying.
