Many Americans wonder whether they can continue working after they begin collecting Social Security benefits and the answer is yes. However, the impact on your benefits depends on your age when you claim and how much you earn from work. While those who wait until their Full Retirement Age (FRA) or later can work without penalty, individuals who claim benefits earlier may face temporary reductions if their earnings exceed certain limits. Understanding how these rules work is essential for making informed decisions about when to claim benefits and how employment income may affect them.
The information provided herein is from Brian Doherty and does not necessarily reflect the views of New York Life Investment Management LLC or its affiliates. Brian Doherty and Filtech are not affiliated with New York Life Investment Management LLC.
This material is intended to be educational and informative in nature; is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment. The information discussed is strictly for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy.