Taking Social Security before you fully retire? Pros and cons
3:44
Taking Social Security before you fully retire? Pros and cons
Jun 12, 2019
Fox BusinessLiz Weston,NerdWallet
Social Security’s full retirement age is when you qualify for 100 percent of your benefit, at age 66 or 67, depending on when you were born. You’ll earn even more if you wait until age 70. To learn more, visit our Social Security Resource Center at http://spr.ly/6183GFSm1. | AARP
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Only once you reach your full retirement age can work full time AND draw your Social Security (any benefit) without it being reduced! What constitute part time depends on the year you are drawing for 2025. It is $23,400 of gross annual income. If you start drawing Social Security midyear, you will have a monthly prorated amount. Click here for my FREE cheat sheet, workshop, and more! linktr.ee/medicaremama | The Medicare Family
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