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Becomes eligible to receive benefits during the month following the month of 62nd birthday. Since Social Security pays individuals one month behind, the individual receives June's benefit in July.
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Special income limit rules cap the amount you can earn in a year without Social Security reducing your benefits. The cap only applies if you are below full retirement age, which is 66.
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The general advice is to delay your benefits until age 70. If you wait until age 70 to collect your Social Security retirement income, your monthly income will be significantly higher.
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Next steps