I started collecting SS at age 62. I'm still working part time and making under $19000 a year. I'm currently 65 years old and need to know if the Social Security taxes that's being deducted from my paycheck will be forfeited or will I get those deductions back at a certain age?

Hi. No. You must pay Social Security taxes on any covered earnings you have regardless of whether or not you're drawing benefits and no matter how old you are at the time you earn the money. Those taxes go to the Social Security trust fund that's used to fund Social Security, they aren't returned to you.

Social Security retirement benefits are based on an average of a person's highest 35 years of Social Security covered wage-indexed earnings, so additional years of earnings only increase a person's benefit rate if they're higher than one or more of the 35 years currently being used to calculate the person's benefit rate. Regardless of whether or not your earnings are high enough to raise your benefit rate, though, you still must pay the required taxes on those earnings.

Best, Jerry