If I opt to collect social security at age 65 and continue to work earning the $17K exempt amount - is the $17K a gross amount or net amount? I've been looking everywhere and can't find the answer.
Thanks!
Hi,
The actual earnings test exempt amount in 2019 is $17,040, and that includes any combination of gross wages and/or net earnings from self employment (https://www.ssa.gov/planners/retire/whileworking.html).
Before you decide when to apply for benefits, you should strongly consider using our software to compare your options and determine your best filing strategy.
Best, Jerry
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Posted:
Mar 28 2019 - 8:47pm