If you’re under full retirement age and file for Social Security benefits there is a limit to the amount of income you can have before your benefit is reduced or shut off completely. But what counts as income? In this video I'll explain what income sources will and will not trigger the earnings limit.

Resources:

My video: How To Fix Social Security Overpayment Notices
   • Social Security Overpayments [How to ...  

Social Security Handbook Chapter on Wages - https://www.ssa.gov/OP_Home/handbook/...

SSA publication “How Work Affects Your Benefits”
https://www.ssa.gov/pubs/EN-05-10069.pdf

SSA POMS RS 02505.240 Summary of How Major Types of Remuneration Are Treated
https://secure.ssa.gov/apps10/poms.ns...

SSA POMS RS 02505.005 How to Count Wages Under the Earnings Test (ET)
https://secure.ssa.gov/apps10/poms.ns...

SSA POMS RS 01402.000 Wage Exclusions
https://secure.ssa.gov/apps10/poms.ns...

SSA Publication “Special Payments After Retirement”
https://www.ssa.gov/pubs/EN-05-10063.pdf

SSA POMS RS 02510.016 Treatment of Special Payments (SP)
https://secure.ssa.gov/apps10/poms.ns...

SSA POMS SI 00830.510 Royalty Income https://secure.ssa.gov/poms.nsf/lnx/0...

SSA POMS SI 00830.505 Rental Income https://secure.ssa.gov/poms.nsf/lnx/0...

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Don’t miss my free online workshop, “How to Choose the RIGHT Age to File for Social Security.” In this workshop you’ll learn:
✔The Most Important Factors to Consider BEFORE You File for Benefits
✔How to Coordinate Your Social Security Filing Decision with Your Other Assets & Income for a Tax Efficient Distribution Strategy
✔Why This Is The Biggest Decision of Your Retirement

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https://www.devincarroll.com/SSessent...

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📜 HEAR YE HEAR YE: Some of my videos contain links to third party products, apps, and services. If you click through, I may receive a small referral fee to my media company (Carroll Media Properties) through their referral program. Rest assured, I only recommend products or services that I believe will be helpful and informative to my audience.

⭐⚠️⭐Please read this⭐⚠️⭐

⚠️I am not an attorney, SSDI advocate, or affiliated with the Social Security Administration or any other entity of the US Federal Government. I am a practicing financial planner, but I’m not YOUR financial planner and since I don’t really know you, I can’t give you advice. So please don’t take this video as specific advice for your specific situation. Consult your own tax, legal and financial advisors. 🙇🙇🙇🙇🙇
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