3. I Have to Go to a Social Security Office to Apply
Especially after the pandemic started, most of the forms could be filled out from the comfort of your own home. This includes Social Security. You can apply for its benefits online and it’s a better idea if you start up to four months before you want to start collecting benefits.
4. Once I Start Social Security Benefits, I Can’t Work Anymore
Of course, you are allowed to continue working after you begin receiving Social Security. It’s a myth that you won’t be allowed to work after receiving the payment. The only thing you should keep in mind is that the amount you receive in benefits may be affected by your job. It depends on your salary.
In the year you will reach your full retirement age, the limit climbs to $48,600 and $1 in benefits is deducted for every $3 you earn above the limit.
Once you reach full retirement age, there is no limit on the amount you can earn.