answersLogoWhite

0


Best Answer

Probably not - for 2 main reasons: 1) The amount made, over rather small limits, reduces the amount you receive $1 for every $2 made. 2) Your benefit was pretty much determined on your best earnings periods over your lifetime. Probably you would make less now than you used to and no better beenfit would be derived.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

13y ago

YES the monthly amount that you would receive will increase each year by a certain percentage amount until age 70 if you continue working and receiving earned income.

You can find more information about this by going to the SSA.gov website and use the search box for WHEN TO START RECEIVING BENEFITS

socialsecurity.gov/pubs/10147.html#yourdecision

At Social Security, we're often asked, "What is the best age to start receiving retirement benefits?" The answer is that there is no one "best age" for everyone and, ultimately, it is your choice. You should make an informed decision about when to apply for benefits based on your individual and family circumstances. We hope the following information will help you understand how Social Security can fit into your retirement decision.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Does your social security payment increase if you keep working?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Will a child's benefit check increase if payment for another child stops for social security survival benefits?

No.


What is government transfer payment?

Social Security


If you are still working at age 66 and receiving Social Security Benefits do you still pay Social Security taxes on your work income If so do your Social Security benefits continue to increase?

Your age does not affect the requirement to pay SS taxes. Yes, as you gain additional work credit, your benefits may increase.


How does working more years increase social security?

When a persons work they are productive and as a result of this increase the amount of cash that finds its way into the hands of the Government. Not to mention that a number of people that would otherwise have ended up relying on social security are still supporting them selves, instead of drawing money from social security.


When you get your social security payment in July is that for June?

Yes. Social Security Retirement paymants are paid in arrears. So the check you receive in July is for your June payment


What is a payment made to person after he or she retires?

Social security


What is average ny social security benefit pay?

what is the average social security payment for all people that are retired


If you are on social security and working does your employer still take out social security taxes?

Yes.


Who funds social security?

we do from working.


Does a state pension decrease your social security payment?

yes.


What is the top stop for social security payment?

70 years


What is regular payment made to a person after he or she retires?

Social security