Can You Collect Social Security & Still Work Part Time?

Can You Collect Social Security & Still Work Part Time?. Reaching retirement age is one of the pleasures of living a long life. Social Security helps with the finances, but does not supply all of your financial needs. You may choose to work along with collecting your Social Security benefits. You may work part-time or full-time and collect Social Security. Your age determines whether you incur penalties from Social Security.

Once you reach a certain age, your Social Security income won't be reduced even if you work.

Full Retirement Age

Social Security determines your full retirement age by your birth date. If you were born between 1943 and 1954, your full retirement age is 66. If you were born in 1955 through 1959, your full retirement age progresses to age 67 and reaches 67 for those who were born in 1960. You may collect Social Security as early as age 62 or as late as 70. Social Security adds no funds to your account after age 70.

Early Retirement

If you take early retirement, or retirement at any age before you reach full retirement age, you may incur penalties imposed by the Social Security regulations. The figures change periodically, but in 2011 you may earn $14,160 in income before incurring penalties. For every $2 you make in excess of $14,160, you pay a $1 penalty. More liberal restrictions apply to the year you reach full retirement age, allowing you to make $37,680 without penalty. The penalty for that one year is $1 for every $3 you make in excess of $37,680.


If you incur penalties for working during early retirement, Social Security automatically recalculates your benefits at full retirement age. You may receive more in your Social Security check at full retirement age than you receive during early retirement. The amount of change will not likely be significant. If you make more money during early retirement years than you made previously, Social Security can use those years for calculation of your benefit, since it uses the top 35 years for calculations.

After Full Retirement Age

Once you reach full retirement age, you may work and earn any sum of money without penalty. You may pay federal income taxes on your Social Security income if you earn more than a certain amount in combined income, which is defined as your adjusted gross income plus nontaxable interest and 50 percent of your annual Social Security, but your benefits will not be reduced based on the amount you earn by working.


  • Social Security Online: Publication 05-10035: Retirement Benefits
  • Social Security Online: You Can Work and Get Social Security At the Same Time
  • Social Security Online: Taxes and Your Social Security Benefits