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SS Income Limits and Marital Status
Old 06-08-2018, 01:13 PM   #1
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SS Income Limits and Marital Status

I am not yet FRA but am considering taking SS now. I have no earned income, but DW will have made more than $20K this year and $20K last year. We file a joint tax return. My question is: will DW's earned income this year and last year cause a reduction in my benefits because of the income limit rule?
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Old 06-08-2018, 03:36 PM   #2
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Originally Posted by LuckyDog View Post
I am not yet FRA but am considering taking SS now. I have no earned income, but DW will have made more than $20K this year and $20K last year. We file a joint tax return. My question is: will DW's earned income this year and last year cause a reduction in my benefits because of the income limit rule?

What income limit rule are you referencing?


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Old 06-08-2018, 03:40 PM   #3
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The rule states that if you have not reached FRA and have earned income of more than $17040 (for 2018) your SS benefit will be reduced by$1 for every $2 that you earn over that limit.
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Old 06-08-2018, 04:19 PM   #4
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LuckyDog,
I believe the earned income rule would only apply to the person claiming SS.


Since you don't have any earned income and you are claiming SS, the rule would not apply.
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Old 06-08-2018, 10:39 PM   #5
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LuckyDog,
Looks like I was correct - see answer https://www.forbes.com/sites/kotliko.../#168ca82a30bd
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