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DISCLAIMER - THIS WEBSITE IS NOT ENDORSED BY OR AFFILIATED WITH THE U.S. SOCIAL SECURITY ADMINISTRATION , OR ANY GOVERNMENTAL ENTITY.
 Carol Thomas has recently retired from the Social Security Administration after 28 years service. If you have any questions about Social Security, please ask. We will use the questions you send for future posts. I will never post anyone's name, or other identifiable information.
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| early benefits |
Date Add : 10-23-2009
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if i take benefits at 62 and my spouse does also. I will do consulting work. If i do this as corporation or LLC and pay spouse a salary do each/both of us enjoy 14100 income allowance
Support Replied ~ 09-08-2009 22:52:08
Dear Mike:
Boy, both partners in a corporation....What a complication.
If both of you, for instance, worked a Sears, you would each be able to earn $14160.00. You would have to be careful about doing you taxes correctly because
SS uses them to figure out your wages.
Did you wife work for the company before? SS will suspect that you are working and letting her take the wages. Go to SSA.GOV and download a corporate officer questionnaire. See what questions they will ask you. Be prepared. SS can deny you benefits if they think you are regulating your wages......Carol
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DISCLAIMER -
You should consult with your local Social Security Office before acting upon any information received as a response to your question on "Social Security Advisor".
"Social Security Advisor" is intended to provide accurate and authoritative information with regard to the subject matter covered. It is offered with the understanding that neither the publisher nor the author is engaged in rendering legal, accounting, investment or other professional advice or services.
Information obtained from RetirementCommunity.com, including e-mail responses from "Social Security Advisor" should be considered as general educational information. You must never rely upon the advice given here. Your individual situation may not fit the generalizations discussed. Only your local Social Security office can evaluate your individual situation and give you advice.
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