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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
October 19, 2016
May I Put Money Into The Social Security System?
I work in the advertising industry as a free-lancer for production companies that service ad agencies that produce television commercials. May I put money in the Social Security system?
Hi,
If you are self-employed operating a trade or business, then the answer is yes, assuming that you have a net profit of at least $400 annually. In fact, it is actually required. For more information, see this pamphlet from Social Security: https://www.ssa.gov/pubs/EN-05-10022.pdf.
Best, Jerry