Impact of working while receiving Social Security

Reduced Benefits: Earning above a certain threshold can reduce your Social Security benefits temporarily.

Annual Earnings Limits: The Social Security Administration sets annual income limits, which, if exceeded, can result in a deduction from benefits.

Increased Benefits: Working may increase your lifetime benefits if you earn enough to replace lower-earning years in your record.

Full Retirement Age: If you work before reaching full retirement age, your benefits are reduced until you hit that milestone.

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Delayed Retirement Credits: Continuing to work after full retirement age may increase your benefits due to delayed retirement credits.

Taxable Income: Earnings from work may increase the portion of your Social Security benefits that are taxable.

Impact on Disability: Working while receiving Social Security Disability benefits can affect your eligibility or payments.

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