You can get Social Security retirement or survivors benefits and work at the same time. But, if you’re younger than full retirement age, and earn more than certain amounts, your benefits will be reduced. The amount that your benefits are reduced, however, isn’t truly lost. Your benefit will increase at your full retirement age to account for benefits withheld due to earlier earnings.
Acknowledgements/Introduction Central to Justice in Aging’s mission is ensuring that our nation’s most vulnerable seniors are protected from misuse of their modest incomes. Currently there are over ten million older adults who rely exclusively on Social Security benefits as their primary source of income.1
To protect seniors from financial exploitation or interruption in their benefits, it is vital that advocates and caregivers are aware of key issues affecting the way the Social Security Administration administers payments to beneficiaries. This fact sheet is the first in a series of informational publications concerning SSA’s Representative Payee Program. This project is supported by a fellowship grant from the Borchard Center Foundation on Law and Aging, which sponsors fellows who are interested in improving the quality of life for seniors.