Social Security is a federal program that provides retirement, disability, and survivor benefits to eligible individuals and their families.

You can start receiving retirement benefits as early as age 62, but your benefit amount will be reduced. Full retirement age is between 66 and 67 depending on the year you were born. You can also delay receiving benefits until age 70, which will increase your benefit amount.

Your benefit amount is based on your highest 35 years of earnings, adjusted for inflation. The age at which you start receiving benefits and your lifetime earnings can also affect your benefit amount.

Yes, but your benefit amount may be reduced if you earn more than a certain amount. If you are under full retirement age for the entire year, $1 in benefits will be withheld for every $2 you earn above the annual limit. In the year you reach full retirement age, $1 in benefits will be withheld for every $3 you earn above a higher annual limit. After you reach full retirement age, there is no earnings limit.

If you delay receiving benefits beyond your full retirement age, your benefit amount will increase by a certain percentage for each year you delay, up to age 70. This can be a smart strategy if you expect to live longer than average or if you want to maximize your retirement income.

Yes, if you are married for at least one year, you may be eligible for spousal benefits based on your spouse’s earnings record. The amount you receive will depend on your spouse’s benefit amount and the age at which you start receiving benefits.

Other factors to consider include your health, life expectancy, and other sources of retirement income, such as pensions, 401(k) plans, and individual retirement accounts (IRAs). It may also be wise to consult with a financial advisor or Social Security expert to help you make the most of your retirement income.