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 dylatess Your Own Question
dylatess, ATTORNEY
Category: Social Security
Satisfied Customers: 3441
Experience:  37 plus years of SSD practice
Type Your Social Security Question Here...
dylatess is online now
A new question is answered every 9 seconds

Social Security QuestionPerson A is planning on collecting

Customer Question

Social Security Question
Person A is planning on collecting Social Security when turning 62 and would like to know some the basic rules. I read between the Age of 62 through 66; person A can earn up to $15,720 limit without Social Security being affected.
What income is counted: The Social Security Administration only counts earnings from work, such as wages, salary or self-employment income to determine if your benefits will be reduced. Earning is defined by: Wage you make from your job or your net earnings if you’re self-employed. This includes bonuses, commissions and vacation pay.
Not included as earnings: Pension, Annuities, investment income, Interest, Capital Gain Veterans or other government or military retirement benefits.
1. Than Awards, Gambling Winnings, Lottery Winning, Gifts, insurance claims, court awards, and Other Prizes is not define as earning/income for reducing Social Security between the Age of 62 through 6, because it is not a result of Earnings from Work. Is the statement correct?
2. The Social Security Administration uses the Strict interpretation of this statement: Only earnings from WORK can reduce your Social Security Benefits between the age of 62 and 66 if you pass the limit of $15,720?...meaning the STRICT INTERPRETATION OF WORK
3. It appears there are no Exceptions for the STRICT INTERPRETATION OF WORK….
Submitted: 2 years ago.
Category: Social Security
Expert:  PDtax replied 2 years ago.
Hi again. PDtax here.
Customer: replied 2 years ago.

I was waiting for Roger....

Expert:  PDtax replied 2 years ago.
then I will opt out.