Earned Income for 2013

Refresher

Recycles dryer sheets
Joined
Jul 9, 2013
Messages
129
Any ideas as how to get a few thousand dollars in earned income this year?
Part time jobs not likely but a possibility.
 
Sounds like we need an Earned Income Club. I pay you, you pay me, and we both get to contribute to an IRA.
 
Would a few thousand of earned income really benefit your SS that much? If so, then a job or small business would seem to be the best bet.
 
I've run the SS estimator at ssa.gov with and without additional income and it made zero difference in benefits at least for me. But I'm 63 and will hold off on SS for another year and a half or two years, maybe three.
 
If you started a company, couldn't you pay yourself the necessary income that you are looking for??
 
If you started a company, couldn't you pay yourself the necessary income that you are looking for??

sure you can and write off the company loss....but the irs will look for a profit after awhile.

also there are some payroll taxes and such to pay...probably not worth it
 
Back
Top Bottom