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Does Money I Draw From Investments Count Toward The $17,000?
does money I am drawing from investments count toward the $17,000?
Hi,
No, unearned income such as interest, dividends and capital gains doesn't count toward the Social Security earnings test exempt amount. Only earned income (i.e. gross wages and net earnings from self-employment) is counted (https://www.ssa.gov/planners/retire/whileworking.html).
Best, Jerry
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Posted:
June 6, 2018