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Arthur Rubin
Arthur Rubin, Tax Preparer
Category: Social Security
Satisfied Customers: 1539
Experience:  Over 20 years experience in tax preparation, including some multi-national Social Security applications.
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If I deposit money into my retirement account, is that money

Customer Question

If I deposit money into my retirement account, is that money counted as income by social security, since it is an un taxable wage? I realize I will be taxed at retirement. in other words would that deposited money be counted as being over the limit earnings,?
Submitted: 1 year ago.
Category: Social Security
Expert:  Arthur Rubin replied 1 year ago.

Thank you for using Just Answer.

I'm afraid that wages earned, but contributed to a retirement account (IRA) or a retirement plan (401k, 403b) do count as earned income for the purpose of Social Security contributions and Social Security distributions.

Customer: replied 1 year ago.
Thank you for the information,
Expert:  Arthur Rubin replied 1 year ago.

Is there anything else I can help you with? (or with which I can help you? This isn't grammar homework.) If not, please rate my answer.