How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask emc011075 Your Own Question
emc011075
emc011075, Tax Adviser
Category: Social Security
Satisfied Customers: 2319
Experience:  Tax adviser IRS licensed Enrolled Agent and tax instructor
62958156
Type Your Social Security Question Here...
emc011075 is online now
A new question is answered every 9 seconds

If I work while receiving benefits, and the employer pays

Customer Question

If I work while receiving benefits, and the employer pays into a 401k for me, will that amount count against me as wages do?
Submitted: 4 months ago.
Category: Social Security
Expert:  emc011075 replied 4 months ago.

Hi. My name is ***** ***** I will be happy to help you.

Just so I understand, if you work and receiving social security benefits, will the employer's contribution to your 401K count against your $15720 limit?

Expert:  emc011075 replied 4 months ago.

Employers contribution to your 401K is not considered an earned income. It will not reduce your social security benefits.

Expert:  emc011075 replied 4 months ago.

Do you have any questions? Is there anything else I can help you with today?

Expert:  emc011075 replied 4 months ago.

And if this answered your question, please take a moment to rate my response so that I may receive credit for assisting you today. You find the rating bar on the top of the page – 5 stars. However, if you need clarification, or want to discuss this issue further, let me know. Thank you.