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Do Retirement Gigs Increase Your Social Security Benefits?

July 17, 2023 · Personal Finance
retirement gigs
Photo by Gustavo Frazao from Shutterstock

The idea of working after retirement may seem very unusual to many. Some would ask, “Why would I work for decades and finally reach my golden years just to get back into the workforce after retirement?” However, a lot of now-ex-retired Americans have gone back to work after entering retirement.

According to the US Bureau of Labor Statistics data, it’s actually a trend. And surprisingly, the decision to keep working after full retirement age is becoming more common. It’s estimated that in the next several years, the number of seniors 65 and older who have a retirement gig could be at least 13 million.

But do retirement gigs increase your Social Security benefits? Let’s find out!

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