Can I Work and Collect Social Security in 2021?
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With such a large percentage of Americans struggling to save for retirement,
it’s clear that many of these individuals will need to work far past the full retirement age.
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By the end of this article, you will be able to answer the question for yourself and your loved ones.
This harsh reality begs the question:
Can I work and collect social security?
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What is Social Security?
The original purpose of Social Security was as a retirement plan for workers aged 65 or older.
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At What Age Can You Take Social Security?
For those not on disability, you can begin drawing Social Security benefits at age 62 at the earliest.
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they will be reduced by a small percentage for each month before your full retirement age you take them.
However, if you decide to start receiving benefits early,
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Social Security calculates benefits using two factors:
How are Benefits Calculated?
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(1)
The amount you earned during your working career
(2)
The age you begin taking benefits
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