do you have to be retired to collect social security

do you have to be retired to collect social security插图

Best answer

If you’re eligible for Social Security, you can start collecting your benefits as early as age62. You can also continue to work. But unless you’ve reached your full or normal retirement age (such as 66 or 67), you’ll be doubly penalized: By taking Social Security early, you’ll be accepting a benefit that is permanently reduced. 1 锘?/div>Can I Collect Social Security While I’m Still Working?

People also ask

  • Can you retire and still work and collect Social Security?

  • You can 鈥渞etire,鈥欌€?collect Social Security, still work and be productive. The trick is there鈥檚 a limit to how much you can make depending on your age. If you are at what Social Security deems full retirement age, you can collect and keep your full Social Security benefits and make as much money as you want.

  • When can I Collect my Social Security retirement benefits?

  • Benefit amounts vary depending on your Social Security retirement age. For example, the earliest age you can collect your Social Security retirement benefits is age 62, but there is an exception for widows and widowers, who can begin benefits as early as age 60. And if you begin benefits early, and continue to work, your benefits may be reduced.

  • Do I qualify for Social Security retirement benefits?

  • 1. You don’t need to be a U.S. citizen to qualify for Social Security retirement benefit. It doesn’t matter whether you are a U.S. citizen or not. Anyone who earns 40 work credits is eligible to receive Social Security retirement benefit. You get one credit for every $1,320 you earn in 2018 up to a maximum of 4 credits in any given year.

  • What age is considered full retirement for Social Security?

  • Between the ages of 65 and 67, depending on the year of birth, you are at full retirement age and are eligible for tax-free Social Security retirement benefits. At what age is Social Security not taxable?

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