US EditionSocial Security Matters: Will benefit increase if I keep working after applying
- An individual, 'Still Working', nearing 67, wrote to 'Dear Rusty' about Social Security benefit impacts.
- The writer plans to work one or two more years and wonders about benefit adjustments after filing taxes.
- Social Security calculates benefits using the highest 35 years of earnings, including zero-earning years if needed.
- Russell Gloor from AMAC stated the SSA revisits earnings records after the IRS reports additional income.
- Additional earnings reported to the IRS can increase Social Security benefits, even after benefits have begun.
5 Articles
5 Articles
President Trump promised that he would "not cut one penny from Social Security or Medicare" - is he keeping his word?
On the campaign trail in 2024, President Donald Trump vowed to “not cut one penny from Social Security or Medicare.” He was tapping into a deep concern millions of Americans reliant on these programs have. With his second term underway, the question is, is he upholding this pledge? So far, no direct benefit cuts have materialized, but some critics argue administrative changes he is making and policy nuances suggest the letter of his promise, n…
The Bradford Era
Olean Times HeraldSocial Security Matters: Will benefit increase if I keep working after applying
DEAR RUSTY: I am going to be 67 in a few weeks and I plan on working for another year or two. According to Social Security, they count the best 35 years to come up with your benefit. I currently…
Ask Rusty – Will Social Security increase if I work after applying?
Dear Rusty: I am going to be 67 in a few weeks and I plan on working for another year or two. According to Social Security, they count the best 35 years to come up with your benefit. I currently have 30 years, with 2024 and 2025 taxes yet to be filed. If I take my benefit now, will I get an upward adjustment after filing my taxes for those years, or do I need to wait to apply for SS until after filing my taxes to get credit for those years? Sign…
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