Social Security Questions? Ask a Social Security Expert
Hi. My name is ***** ***** I will be happy to help you.
I am not sure where you read it but as long as you work for an employer that is covered under Social security and Medicare, the employer must withhold social security and medicare tax from your paycheck. If you apply for benefits before your full retirement age and continue working, your benefits are reduced by your earnings. But once you reach your full retirement age, you can have unlimited earnings and your benefits will not be affected. But as long as you have earnings, your employer has to take out social security and Medicare tax from your paycheck.
I see. The article is talking about social security benefits, not the payroll deduction, two different things. If you apply for social security benefits before your full retirement age, your BENEFITS are reduced if you make over certain threshold. Once you reach full retirement age you can have unlimited earnings and keep your full benefits. If you had your benefits reduced because of your earnings (before 66), you will get slight increase in benefits (a credit for the reduced benefits between 62 and 66).
Does it make sense? What's the title of the article or link?