Social Security and Your Retirement
Income From Pensions, Annuities, Interest, And Dividends
Pension payments, annuities, and the interest or dividends from your savings and investments are not earnings for Social Security purposes.
Only earned income, your wages, or net income from self-employment, is covered by Social Security.
You may have to pay income tax on pensions, annuities, interest, or dividends, but you do not pay Social Security taxes. Those types of income are not on your Social Security record.
A secure financial future starts
with careful planning.
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This information is designed to provide a general overview with regard to the subject matter covered and is not state specific. The authors, publisher and host are not providing legal, accounting or specific advice to your situation.