What's new
US Message Board 🦅 Political Discussion Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Are you only able to work 15 hours a week if your collecting full retirement SS checks and you've been self-employed since 1995

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
My husband is fully retirement next year and he has been self-employed since 1995, and he is only allowed to work 15 hours in a week. That doesn't seem right to me.
 

JoeMoma

Platinum Member
Joined
Nov 22, 2014
Messages
20,415
Reaction score
8,136
Points
910
Will the hours worked still be working for himself, self employed, or will it be working for someone else?
 

Confederate Soldier

Diamond Member
Joined
Apr 8, 2021
Messages
3,860
Reaction score
3,278
Points
1,928
Location
Southerner trapped in a yankee state
I won't see an SS check, I don't think ever.
 

debbiedowner

Gold Member
Joined
Feb 12, 2017
Messages
10,832
Reaction score
2,421
Points
275
My husband is fully retirement next year and he has been self-employed since 1995, and he is only allowed to work 15 hours in a week. That doesn't seem right to me.
If he is already drawing social then he can make this year:

In 2022, if you’re under full retirement age, the annual earnings limit is $19,560. If you will reach full retirement age in 2022, the limit on your earnings for the months before full retirement age is $51,960.
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
Will the hours worked still be working for himself, self employed, or will it be working for someone else?
He will be working alone with using sub contractors, he is use to working. Self employed.
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
If he is already drawing social then he can make this year:

In 2022, if you’re under full retirement age, the annual earnings limit is $19,560. If you will reach full retirement age in 2022, the limit on your earnings for the months before full retirement age is $51,960.
That much!! He pays what he owes. There are different for self-employed. He should make as much as he wants.
 
Last edited:
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
If he is already drawing social then he can make this year:

In 2022, if you’re under full retirement age, the annual earnings limit is $19,560. If you will reach full retirement age in 2022, the limit on your earnings for the months before full retirement age is $51,960.
that's for self-employed, there are different rules for self-employed.
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
I read you would only work for 15 hours a week if self employed. Thats why people find a regular job.
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
Self-Employment Rule
The rule is that if you are self-employed, you can receive full benefits for any month in which you Social Security considers you retired. To be considered retired, you must not have earned over the income limit and you must not have performed what Social Security considers substantial services.

The usual test for substantial services is whether you worked in your business more than 45 hours during the month, subject to some exceptions. For instance, if you worked between 15 and 45 hours per month and the work you did could be considered highly skilled, your work could be considered substantial services (more on this below). But if you worked less than 15 hours, in no case will you be considered to have performed substantial services (you are considered retired, period).

Reduction in Social Security Early Retirement for the Self ...


he does construction of homes, its highly skilled.
 
Last edited:

Papageorgio

The Ultimate Winner
Joined
May 18, 2010
Messages
54,906
Reaction score
14,261
Points
2,220
Location
PNW
Not necessarily, I have been working since my full retirement age and drawing social and there is no limit in what I can make from a job.
Full retirement age doesn't mean fully retired. We have many employees that work and are past full retirement age.

If you retire, you don't work.
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210

Leo123

Diamond Member
Joined
Aug 26, 2017
Messages
18,030
Reaction score
11,158
Points
1,265
If you are full retirement age you can collect your full Social Security retirement and work all you want
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
Full retirement age doesn't mean fully retired. We have many employees that work and are past full retirement age.

If you retire, you don't work.
They work for him, he is self employed.

That right if he retired, he retired, but he can't stop.
 
OP
Penelope

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
57,431
Reaction score
13,195
Points
2,210
If you are full retirement age you can collect your full Social Security retirement and work all you want
You sure?? If you work for someone else.
 

JoeMoma

Platinum Member
Joined
Nov 22, 2014
Messages
20,415
Reaction score
8,136
Points
910
He will be working alone with using sub contractors, he is use to working. Self employed.
So he is not going to be an hourly employee.
 

USMB Server Goals

Total amount
$115.00
Goal
$350.00

Most reactions - Past 7 days

Forum List

Top