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A Recurring Question: Will Working After Claiming Increase My Benefits? - AMAC Foundation, Inc.
With an increasing number of retirees electing to remain in the workforce after claiming benefits, the question of what effect the additional earnings will have on benefits has become common. In fact, Investopedia estimates that 40% of claimants continue to work.
This question has become so prevalent here at the AMAC Foundation’s Social Security Advisory Service that we’ve published articles explaining the benefit calculation process and how earnings after claiming are handled. As part of our nationally distributed “Ask Rusty” series, here’s an example of our answer to this question: “I’m Still Working; Why Didn’t I Get a Higher Social Security Benefit?” Check out the response to this question here.
And here’s another piece from our Social Security Report website that offers an explanation, including a review of the Automated Earnings Reappraisal Operation (AERO) and how it works to ensure that additional earnings are evaluated correctly. Check it out here.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.