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Congress Agrees on a Tax Bill. What Does Proposed Tax Bill Mean for Older Americans? Learn More.

 

I claimed Social Security before full retirement age and earn more than $17,040, so my benefit is reduced. How does the reduction in benefits for working get returned? Or do I lose it forever?

When you reach full retirement age your benefits will be recalculated based on the number of months you did not receive a benefit. Each of these months will count as a month you delayed retirement and will increase your benefit by a fraction of a percent.


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