Is Your Income Too High While On Social Security?

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Title	:	Is Your Income Too High While On Social Security?
Lasting	:	5.15
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Views	:	22 rb

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30 per year in dividend returns Any advice?
Comment from : @Josephtimothyq5

You explain everything in such clear and informative terms! Love your videos, glad I found you!
Comment from : @donnadelightfullydeplorabl4201

How can I pay social security bc back i was not working when i applied i did receive 2 payments so far I don't have the money to pay back
Comment from : @jorgehernandez-km7ry

Thank you
Comment from : @jorgehernandez-km7ry

OK so I think the rules have been changed on this subject and would like to see a updated version I like your videos, clear and to the point
Comment from : @87rover

Hi I'm 64 just got my first social security check I was unemployed when I applied but just got hired can I collect for one year and notify social security?
Comment from : @jorgehernandez-km7ry

Same problem going back to work two years after starting SS at 62 So, if I’m say 30,000 over the 22,000 limit set by SS is there a way to lower your Gross income by putting that 30,000 in a IRA or some of it n a Health savings account? Any suggestions on lowering the gross income amount would be greatly appreciated
Comment from : @douglashite4410

4:43 So the money that comes from a 457b does not count as income against this $22k SS earnings limit?? How about ROTH or Traditional IRA disbursements?
Comment from : @ron9665

Is that $21,000 before or after deductions and taxes?
Comment from : @constancerobinson1377

Your comment "Vodoo Magic" is spot on! Only the US Gov't would penalize you when you try to improve your own financial situation Tip - If you want to win at this rigged game, you need to have something in common with the politicians (who craft the rules) and the major political donors (who compensate them) It's "unearned income" You can retire early, take Social Security early, and have as much unearned income as you desire, and you'll never be penalized for having too much income
Comment from : @DaveM-FFB

What if my spouce does, but I don't and keep working?
Comment from : @josephandreuccetti3706

I understand they can take from my social security if i make to much, but can they take what i get off my dead husband's money that i receive?
Comment from : @rvingkeepitrolling8797

Good job, keep up the good work! 😊
Comment from : @bearbaxi1975

What if a person is getting ssdi and gets married and after a year can she get her husbands ss
Comment from : @CarolynDunnavant

The government just rips people off, they want you to take Social Security early saves them money, or they think you'll die before you take it later That's what it is
Comment from : @romeo8334

Your awesome To the point without being confusing
Comment from : @carolyn6290

Why are US citizens penalized for trying to earn money the right way as opposed to getting government assistance Sometimes, there are extenuating circumstances that need to be handled, and aside from earnings, there is very little that can be done The criteria seems skewed
Comment from : @Awilli9071

Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments!
Comment from : @graywilliams_77

I am turning 66 in Oct of this year I am still working fulltime If I apply for my SS before the end of 2023 will my income for this year be taking as a factor? I am single and less that $35,000 a yeaar Or can I or should I, begin the process now for it to start 2024?
Comment from : @vada6574

If they take 5,000 off you and give it back 20 to 75 at a time you'll never get it all back, not very clear info
Comment from : @wakeup6910

Right on , thank you
Comment from : @dosiodosev740

A friend of ours is a consultant and started taking Social Security at 62 He doubled his rates, thinking it would slow his business down and make up for the money SS would take anyway He ended up being busier than ever! I guess he should have been charging more years ago
Comment from : @dianeschenkelberg8270

If I am on ssdi age 62 will be going on Medicare on sept 1 I have been notified by my previous employer that I can cash out my pension If I take part of it to use on house repairs will that affect my ssdi?
Comment from : @rosehyde7410

Does that include receiving pension?
Comment from : @MunchiemusingsNet

does pension count as income?
Comment from : @fritz2259

I've heard about this early retirement from here to the moon What if one waits until Full Retirement 67
Comment from : @harryschay6188

Spouse support the same😢
Comment from : @marlenebueler64

Hi! Happy Sunday! Thanks!
Comment from : @litrealred6840

If you go over the earnings limit will you still get a monthly check with a reduced amount
Comment from : @Kmurphy40

Just like to say I'm 64 turning 65 in January 2024 I've been subscribing to about 1/2 dozen of you teachers I like to call ya's for over a year now and I recently started seeing your vids due to algorithms you might say so I subscribed!!! You are so straight forward and to the point and am learning more because of it Some of these guys vids lag on and on in length and are redundant just want you to know my time is winding down to decide very soon what a ride thanks for all you do! 🤗
Comment from : @jerryschweitzer5051

Does my husbands self employment net earnings count as my income if we file tax return jointly? He is full retirement age and I am 62 I just started collecting and have no other earnings
Comment from : @smaceachern1

Off topic - love your glasses!
Comment from : @kathypozzuto3627

Finally! This is the subject everyone's been waiting for How about talking more about how much they actually penalize you when you go over I almost passed up a $120,000 a year job at 65 years old because I thought they'd penalize me $49,000, and I'd never see a check for 4 yrs (That's not the case)
Comment from : @Mars-77

If you retire at 62 in May, does the income from Jan thru April that same year count towards that limit of $21,240? Thanks for the info
Comment from : @rickjames6740

Well I turn 65 this year, still working not collecting yet Thinking about starting in January at 65 and 3 months so if I go past the allotted amount next year and continue working I would only be penalized for one year as the following year would be my full retirement age First video I watch that says "You might get it back" which I get it I will have to live past that break even age It's a tough thing since I love my job But I loved the video "The Cajun Ninja's Dad"
Comment from : @masterlee4370

If you start collecting social security retirement at 62 on your birthday and continue to work, when does the income cap start on 1 Jan of the same year or your birthday
Comment from : @scottaellsworth3766