I turn 62 in 2024. Can I start collecting social security and still work my full time job?

Hi. That depends on how much you earn. In 2022, people who are under full retirement age (FRA) that receive Social Security can earn up to $19,560 without losing any of their benefits. If they earn more than that, $1 of their benefits is withheld for each $2 that they exceed the limit (https://www.ssa.gov/benefits/retirement/planner/whileworking.html). The exempt amount is higher in the year you reach FRA.

One thing's for sure, if you file for your benefits before FRA your monthly benefit rate will be permanently reduced for any months that you collect benefits prior to your FRA. Before deciding when to apply, you should strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully analyze all of your options so that you can determine your best strategy for maximizing your benefits.

Best, Jerry