Social Security: Will Working After Full Retirement Age Increase Your Benefits?

Core Points - The full retirement age for Americans born in 1960 or later is 67, although benefits can be claimed as early as 62 or as late as 70 [1] - Working after full retirement age can potentially increase Social Security benefits if earnings exceed the top 35 years of income [3][4] - If benefits are claimed before full retirement age and the individual continues to work, benefits will be temporarily reduced based on earnings [5][6] Summary by Sections Retirement Age and Benefits - Full retirement age is 67 for those born in 1960 or later, with the option to file for benefits between ages 62 and 70 [1] Impact of Working on Benefits - Continuing to work after full retirement age is treated similarly to working before that age for benefit calculations, as Social Security taxes are still paid on earnings [3] - Actual benefits will only increase if the earnings during this period are among the top 35 years of earnings [4] Temporary Reductions in Benefits - If benefits are claimed before full retirement age and the individual works, benefits will be reduced by $1 for every $2 earned above $23,400 in 2025 [5] - For those reaching full retirement age in 2025, the reduction changes to $1 for every $3 earned above $62,160 until full retirement age is reached, after which there are no reductions [6]