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Is deferred compensation considered earned income for social security earning limits?

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According to the local SSI office any retirement plan that qualifies with IRS rule 209 (xxx) is not counted as earned income.
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What is the earnings limit for Social Security taxes?

The 2010 cap is $106,800.00, which would result in 6621.60 (6.2%) being withheld. There is no cap on the Medicare insurance contribution amount, so the 1.45% amount will con

Does winnings from the casino count as earned income for my social security?

Gambling proceeds are not considered earned income if you do not report the income a self-employment income. Professional gamblers report gambling as self-employment income in

Is Social Security earned income?

No. The Social Security benefits would be a part of all of your other Unearned Income for the year. You are not working for the benefits that are paid to you during each year.

Does non earned income affect Social Security compensation?

Unearned income would NOT count as part of the income for the earnings test amount on your social security benefits amount. Unearned income could cause some of your SSB to bec

Is 401K savings considered earned income while collecting Social Security?

No. Distributions from a 401k are unearned income for Social Security purposes, and do not affect the benefit amount you receive under regular SS retirement or SSDI (disabilit

Does social security count in income for earned income?

No, earned income includes wages, salaries, tips, other taxable employee compensation, and net earnings from self-employment. Earned income also includes strike benefits and a

Is any of this considered earned income if you and your wife live on social security income and a small pension benefit but no labor is performed?

No. Social Security and Pension income are not considered earned  income for the purposed of the Earned Income Tax Credit. This is  not to say that you will not have to file