My birthday is 07/26/1951 my full retirement age is at age 66 if I retire at age 65 1month which would be Sept. 1 2016 last day work August 31 2016 would I be penalized from Social Security for wages earned from January 1 2016 through August 31 2016 would they deduct from my Social Security check because of wages earned or would have to wait until December 2016 I have enough credits worked now to draw now but would like to go out at 65 and 1 month just trying to plan everything out and what my options are and what is best for family please respond back in private email Leonard Kropf