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Social Security when working after age 70
Seventy is the new fifty, , or so we’re told. Then it should be no surprise that so many seniors are working up to and beyond age 70. But what does that mean for someone who’s already collecting Social Security? Most of us know that you reach your maximum benefit amount at age 70, but for so many that continue to work past that age, they wonder if still paying FICA taxes on their earnings will result in their Social Security benefit increasing. And the answer is, not directly, but continuing to work after you’ve claimed Social Security can increase your benefit payment if your earnings are high enough. In this article by Robert Powell appearing at USA Today, the author explains how working past age 70 might affect your Social Security payment. Click here to read more.