Hi Larry,
I reach FRA for SS in Dec 2022. Because I am still working will I be subject to penalty since I will make over 50K prior to Dec 2022. Thank you

Hi. No, assuming that you don't start drawing benefits prior to the month you reach full retirement age (FRA) . There is no limit on the amount that you can earn and still collect Social Security benefits starting with the month in which you reach FRA. The amount that you earn prior to then is irrelevant.

However, your best strategy for claiming Social Security benefits depends on many different factors. Therefore, before you decide when to start drawing your benefits you should strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully compare and analyze all of your options so that you can determine your best strategy for maximizing your benefits.

Best, Jerry