At 63 He'll Collect Social Security and Pull $90,000 a Year From His IRA. The Earnings Test Everyone Warns Him About Will Never Touch His Check, Because the Agency Only Counts Wages

At 63 He'll Collect Social Security and Pull $90,000 a Year From His IRA. The Earnings Test Everyone Warns Him About Will Never Touch His Check, Because the Agency Only Counts Wages

Most people assume pulling six figures from a retirement account before full retirement age puts Social Security benefits in the crosshairs of the earnings test, but the SSA's own statute draws a boundary that leaves IRA money completely outside the calculation.

At 63 He’ll Collect Social Security and Pull $90,000 a Year From His IRA. The Earnings Test Everyone Warns Him About Will Never Touch His Check, Because the Agency Only Counts Wages

The post At 63 He’ll Collect Social Security and Pull $90,000 a Year From His IRA. The Earnings Test Everyone Warns Him About Will Never Touch His Check, Because the Agency Only Counts Wages appeared first on 24/7 Wall St.. Take a 63-year-old who claims Social Security in 2026 and also draws…