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A. You can. Social Security will accept your application for early benefits when you're 61 years 9 months. Regardless of how old you are, the agency generally recommends that you apply three months before you would like the first payment to arrive.
Letâs say that you file for Social Security benefits at age 62 in January 2018 and your payment will be $600 per month ($7,200 for the year). During 2018, you plan to work and earn $22,000 ($4,960 above the $17,040 limit). We would withhold $2,480 of your Social Security benefits ($1 for every $2 you earn over the limit).