Earnings Test

Will Social Security Look At Whether Or Not You Are Performing Substantial Services No Matter How Much You Earn?

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Hi, I read on a web site that if you start SS prior to FRA and are self employed that SS will look at whether or not you are performing substantial services in each year up to FRA even if you are under the annual earnings limit. Is that incorrect?

Hi,

Will My Earnings Limit Be Tested Monthly Or Yearly?

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Larry, I plan to retire at the end of the year (12/31/2019) and start drawing social security in January. I will be 64 in November 2019, so I will be subject to earnings limit next year. My question is - will my earnings limit be tested monthly or yearly? I would like to work on a contract basis, so I would earn more than a monthly limit in a given month, but will keep my earnings under the yearly limit. Thanks

Hi,

Will My Pension Be Considered As Income When Social Security Decides Whether To Withhold My Survivor Benefits?

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Hi.

My wife passed away at age 56 and she did accrue some Social Security Benefits. I plan on retiring at age 60.5 and will be applying survivor's benefits under her account. This will amount to around $730/month (this is what a SS representative told me when I called them.

Will Dividends And Interest From Stocks & Mutual Funds Negatively Impact My SS Benefits?

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I understand if I continue to work past 62 y/o, the employment income will negatively impact my monthly social security benefit. Will dividends and interest from stocks and mutual funds negatively impact my S.S. benefit? Also, should I delay 401K withdrawels as long as possible? Thanks! RLG

Hi RLG,

Can I Still Use The Annual Method If I File At Age 62 This Year?

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1- I am self-employed. If I retire at 62 in April of 2019 can I still use the Annual method for the cap on what I can earn in 2019? 2- For 2019 and on-going, If I use either the Annual or the monthly method of calculating my maximum earning over and above my SS do my job expenses lower my income? For example, if I drive for Uber does my cost of maintaining a Car the .58 cents per mile okay to deduct from my earnings?

Hi,