Individuals can begin collecting Social Security benefits at age 62, but doing so while working can result in limitations based on earnings. If one exceeds the earnings-test limit before full retirement age, it could lead to a portion or the entirety of their benefits being withheld. A notable case involves a retiring teacher awaiting benefits but needing to prove cessation of work to receive payment. This situation raises awareness about the complexities of managing Social Security while still earning a salary.
If you claim Social Security before reaching full retirement age (FRA), you'll be subject to an earnings-test limit, and exceeding it may lead to your benefits being partially withheld.
A retiring teacher was approved for Social Security benefits but faced difficulties with the payment start date and proving her employment status to receive benefits.
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