Retirement supplements

0

Q. I plan to retire soon and have a partnership in a LLC business. I don’t work in the business but invested at its start and receive dividends (profit). Will this be considered as pay and apply to the earnings test?

A. No they won’t. The amount of a special retirement supplement, like Social Security, is only affected by earnings from wages or self employment.

 

Share.

About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply