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.
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.
No.
Social Security
Your age does not affect the requirement to pay SS taxes. Yes, as you gain additional work credit, your benefits may increase.
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.
Yes. Social Security Retirement paymants are paid in arrears. So the check you receive in July is for your June payment
Social security
what is the average social security payment for all people that are retired
Yes.
we do from working.
yes.
70 years
Social security