Extra Income While On Social Security

All of these methods of earning extra money are available to everyone of any age.

Extra income while on social security. The second option in applying for ssi benefits is to call the social security administration at 1 800 772 1213 tty 1 800 325 0778. While the ssa considers both deemed and in kind income in determining whether you remain eligible for ssi benefits neither of these types of income are money you earn in a traditional sense. The extra money you receive from social security might allow you to accumulate enough savings to retire a bit earlier than you otherwise would. The sooner you begin investing and preparing for your future the better.

If you file as single on your income taxes and have earned income of between 25 000 to 34 000 then as much as 50 of your social security benefits can now be taxable terrill says. Nothing in life comes for free not even social security benefits. Option 3 visit local social security office. You may have to invest time money and effort to build up your non social security income.

For a social security office near you click here.