Social Security Questions? Ask a Social Security Expert
Hi, my name is ***** ***** I can help. If you take Social Security retirement benefits before your full retirement age, you continue to earn additional credits towards future Social Security benefits. However, your benefits will be reduced by $1 for every $2 over the Social Security earnings threshold which is $15,720 for 2016. Once your reach full retirement age, your benefits are recalculated for any additional work credits earned. In addition, you no longer have any earnings limit that reduces your benefits, so your can have unlimited earnings and still receive full benefits. Unfortunately, once your reach your full retirement age you no longer receive any additional work credits towards a higher Social Security benefit.
So you summarize, you do receive additional work credits if you are receiving benefits before your full retirement age and no additional work credits once your full retirement age is reached.
Please let me know how this works for you and if you have any problems. Also let me know if I can clarify anything or answer any additional questions.