Receiving Social Security while still employed


Q: I am 65 years old and will have 30 years with the federal government as of January 2012. I previously worked for 15 years in the private sector and am covered by Social Security. I will be 66 in January 2011 and have been told that I can draw my full Social Security benefit while I am still working. Is this true? Besides taxes, is there a downside to drawing your Social Security while you are still working?

A: There is no limit to the amount you may earn after you reach your full retirement age. The only downside I can think of would be that because of your higher income while still employed, a greater percentage of your Social Security benefit would be taxable as income.


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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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