Can You Collect Social Security if You’re Still Working?

Yes … but you probably shouldn’t. If you make more than the Social Security Administration’s earnings limit before full retirement age, you could lose benefits.

An older woman holding a tablet works in a pottery shop.
(Image credit: Getty Images)

I can’t tell you the number of people who plug 62, 66 or 67 into the first draft of their retirement plan as when they plan to retire. When I probe further, I confirm that it is because it aligns with one of the ages shown on the green Social Security statements that come in the mail. Those ages just show minimum benefits, maximum benefits and what is known as your primary insurance amount. The reality is that you can claim any time in between that minimum and maximum age.

My first piece of advice, assuming you have saved enough: Separate the retirement decision from the Social Security decision.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Evan T. Beach, CFP®, AWMA®
President, Exit 59 Advisory

After graduating from the University of Delaware and Georgetown University, I pursued a career in financial planning. At age 26, I earned my CERTIFIED FINANCIAL PLANNER™ certification.  I also hold the IRS Enrolled Agent license, which allows for a unique approach to planning that can be beneficial to retirees and those selling their businesses, who are eager to minimize lifetime taxes and maximize income.